3QFY2022 business update

Results

ST Engineering reports 3QFY2022 revenue of $2.2 bil, up 22.2% y-o-y

As at Sept 30, the group’s order book stood at $25.0 billion.
Great Eastern Holdings reports 30% higher 3QFY2022 earnings of $278 mil from higher profit from insurance business - THE EDGE SINGAPORE

Results

Great Eastern Holdings reports 30% higher 3QFY2022 earnings of $278 mil from higher profit from insurance business

In his statement, group CEO Khor Hock Seng says the business climate will be “challenging” in the near- to mid-term.

Results

Parkway Life REIT reports 0.1% y-o-y increase in 9MFY2022 NPI of $82.8 mil

The REIT’s net asset value (NAV) per unit stood at $2.38 as at Sept 30.

Results

CapitaLand Ascendas REIT maintains steady portfolio occupancy rate of 94.5% for 3QFY2022

Rental reversion for FY2022 is expected to be in the positive mid single-digit range.

Results

CapitaLand China Trust reports NPI of $188.5 mil for 9MFY2022

The higher NPI comes on the back of the 7.0% y-o-y growth in 9MFY2022 gross revenue of RMB1.43 billion.

Results

CapitaLand India Trust reports 4% higher NPI of $41.5 mil for 3QFY2022

During the quarter, the trust reported a total property income of INR3.04 billion ($53.5 million), 9% higher y-o-y.

Results

CDLHT's NPI increases by 54.4% y-o-y to $31.6 mil in 3QFY2022

For the 9MFY2022, NPI increased by 43.7% y-o-y to $82.6 million in tandem with the higher gross revenue.

Results

CapitaLand Ascott Trust says 3QFY2022 gross profit at 90% of pre-Covid-19 levels

Revenue and gross profit for the quarter stood higher y-o-y due to contributions from the trust's new properties.

Results

Keppel Corp reports 9MFY2022 revenue of $6.84 bil, up by 24% y-o-y

In its business update, the group said that its net profit for the nine-month period improved y-o-y as well.

Broker's Calls

UOB Kay Hian upgrades CapitaLand Integrated Commercial Trust to ‘buy’ with TP of $2.14

UOB Kay Hian analyst Jonathan Koh's upgrade comes on the back of CICT’s positive performance for the 3QFY2022 ended Sept 30.
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