3QFY2024 business update

Results

Wilmar reports 3QFY2024 core net profit of US$208.1 mil, 35.7% lower y-o-y

In the 3QFY2024, the group’s revenue rose slightly by 0.4% y-o-y to US$17.75 billion despite higher sales volumes as most commodity prices were lower comparatively.

Results

CLCT reports 9MFY2024 NPI of RMB930.2 mil, 5.1% lower y-o-y

CLCT's 9MFY2024 gross revenue fell by 3.4% y-o-y to RMB1.38 billion.
E-LOG reports 9MFY2024 NPI of $192.7 mil, 6.5% lower y-o-y - THE EDGE SINGAPORE

Results

E-LOG reports 9MFY2024 NPI of $192.7 mil, 6.5% lower y-o-y

The REIT’s net asset value (NAV) per unit stood at 29.6 cents as at Sept 30.

Results

CapitaLand Ascott Trust sees 8% increase in gross profit and higher RevPAU in 3QFY2024 update

As at Sept 30, CLAS’s gearing stood at 38.3% with an interest coverage ratio of 3.6 times.

Results

FEHT reports 3QFY2024 NPI of $26.2 mil, 6.8% lower y-o-y

Gross revenue during the same period fell by 4.8% y-o-y to $28.7 million.

Results

CapitaLand India Trust reports 14% y-o-y increase of total property income at INR43 bil for 3QFY2024

During this period, CLINT’s net property income (NPI) rose 15% y-o-y to INR3.3 billion ($53 million).

Broker's Calls

Analysts mixed on Lendlease REIT after 3QFY2024 update

Positive rental reversions keep analysts optimistic, but they note increased gearing and funding costs.
SIA Engineering Company reports doubles 3QFY2023/2024 net profit to $26.9 mil - THE EDGE SINGAPORE

Results

SIA Engineering Company reports 3QFY2023/2024 net profit of $26.9 mil, double y-o-y

Revenue for 3QFY2023/2024 improved 40.2% y-o-y to $291.7 million.
SingPost 3QFY2024 group operating profit down 18.2% y-o-y to $27.7 mil - THE EDGE SINGAPORE

Results

SingPost 3QFY2024 group operating profit down 18.2% y-o-y to $27.7 mil

On a constant currency basis, group’s operating profit would have been lower by an estimated 3.9% y-o-y.
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