Welcome!
3Q
Results
Heeton sinks into the red in 3Q, incurs $11.3 mil in losses on disposal of iLiv@Grange
SINGAPORE (Nov 8): Property development and investment group Heeton Holdings has posted losses of $11.25 million for 3Q16, down 317.3% from $5.2 million of profits in the same quarter a year ago.
November 08, 2016
Results
TIH back in the black in 3Q on higher fair value gains
SINGAPORE (Nov 3): Private equity fund TIH Limited announced earnings of $3.2 million for 3Q16, turning around from its loss of $3.1 million in the same quarter the year before.
November 03, 2016
Results
Breadtalk’s 3Q earnings more than double to $3.3 mil
SINGAPORE (Nov 2): Food retail chain operator Breadtalk Group posted $3.3 million of earnings in 3Q16, doubling from $1.6 million a year ago on higher operating income from its bakery business.
November 02, 2016
Results
Cambridge Industrial Trust’s 3Q DPU declines 18% to 0.987 cents on higher expenses
SINGAPORE (Oct 26): Cambridge Industrial Trust (CIT)’s 3Q distribution per unit (DPU) fell 18% to 0.987 cents from 1.2 cents the year before.
October 26, 2016
Results
CapitaLand Retail China Trust’s 3Q DPU falls 10.6% to 2.36 cents on forex losses
SINGAPORE (Oct 25): CapitaLand Retail China Trust (CRCT) posted a 10.6% decline in 3Q distribution per unit (DPU) to 2.36 cents from 2.64 cents the year before.
October 25, 2016
Results
Raffles Medical’s 3Q earnings up 4% to $16.2 mil on higher revenue
SINGAPORE (Oct 9): Raffles Medical Group announced a 4% rise in 3Q earnings to $16.2 million from $15.6 million the year before, due to positive revenue contributions from all segments of the group.
October 24, 2016
Results
Cache Logistics Trust posts 13.7% fall in DPU of 1.847 cents on absence of capital distribution and lower income
SINGAPORE (Oct 21): ARA-CWT Trust Management (Cache), the manager of Cache Logistics Trust (CLT), has announced a 3Q DPU of 1.847 cents, 13.7% down from 2.14 cents a year ago.
October 21, 2016
Broker's Calls
Beware the slippages in Keppel T&T’s 3Q earnings: CIMB
SINGAPORE (Oct 21): CIMB has downgraded Keppel Telecommunications & Transportation (Keppel T&T) to "hold" from "add" with a lower target price of $1.77 from $1.83 previously.
October 21, 2016
Broker's Calls
Retail continues to be thorn in Suntec REIT’s side
SINGAPORE (Oct 21): Maybank Kim Eng and CIMB are reiterating their “hold” calls on Suntec REIT after its manager, ARA Trust Management, reported a distribution per unit (DPU) of 2.535 cents for 3Q16, just 0.5% higher than its DPU of 2.522 cents a year
October 21, 2016
Results
Suntec REIT’s 3Q DPU marginally higher at 2.535 cents on divestment and lower revenue
SINGAPORE (Oct 20): The manager of Suntec REIT has reported a distribution per unit (DPU) of 2.535 cents for 3Q16 ended Sept, just 0.5% higher than its DPU of 2.522 cents a year ago. This brought DPU for the nine months ended Sept to 7.407 cents.
October 20, 2016