3QFY2023 business update

Results

StarHub records 36.5% higher earnings for 3QFY2023

StarHub's earnings were lifted mainly by higher profit from operations and lower net finance costs.

Results

EC World REIT reports 3QFY2023 DPU of 0.916 cents, 32.8% lower y-o-y

As at Sept 30, EC World has onshore bank loans of RMB735.2 million and offshore bank loans of $349.8 million outstanding.
Seatrium expects to make net loss for FY2023 although operational and financial performance expected to improve - THE EDGE SINGAPORE

Results

Seatrium expects to make net loss for FY2023 although operational and financial performance expected to improve

The group’s net gearing ratio stood at 0.15x as at Sept 30, down from 0.17x as at June 30.
Jiutian Chemical records loss of RMB68.6 mil loss for 3QFY2023 - THE EDGE SINGAPORE

Results

Jiutian Chemical records RMB68.6 mil loss for 3QFY2023

Jiutian Chemical’s main products have continued to decrease in both sales volume and average selling prices since 4QFY2022.

Results

Challenging operating environment sees Nanofilm profits fall 28% in 3QFY2023

Revenue for the quarter also declined by 19% y-o-y to $55 million, but improved compared to its 1HFY2023 revenue of $73 million.

Results

Prime US REIT reports distributable income of US$14.7 mil for 3QFY2023, down 23.4% y-o-y

Gross revenue slipped by 0.9% y-o-y to US$40.2 million, while NPI fell by 3.3% y-o-y to US$23.4 million.

Results

Raffles Medical Group reports 3QFY2023 profit after tax of $12.4 mil, 67.4% lower y-o-y

9MFY2023 PAT fell by 25.6% y-o-y to $72.8 million.
CapitaLand Ascendas REIT maintains steady portfolio occupancy rate of 94.5% for 3QFY2023 - THE EDGE SINGAPORE

Results

CapitaLand Ascendas REIT maintains steady portfolio occupancy rate of 94.5% for 3QFY2023

The REIT’s average portfolio rent reversion of leases renewed in 3QFY2023 was 10.2%, inclusive of those in multi-tenant buildings.

Results

Sabana Industrial REIT reports portfolio occupancy of 91.8% and WALE of 3.1 years in 3QFY2023 business update

The REIT’s portfolio occupancy this quarter dipped to 91.8%, from 93.9% in the quarter before.

Results

LHN Group reports strong occupancy rates for key projects in 3QFY2023; sees steady growth for rest of 2HFY2023

As at June 30, the group managed a total of 2,064 keys spread across its co-living projects in Singapore as well as 85 SOHO.
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