News
Condo resale prices rise 1.6% MoM and 6.1% YoY in January
All submarkets reported price increases.
Sembcorp’s profit up 7% in FY 2024
This was despite a planned major maintenance in the first half.
LMIR Trust NPI down 5.5% in FY2024
Lippo Malls Indonesia Retail Trust (LMIR Trust) reported a 5.5% decline in net property income (NPI) to $115.7m for the financial year ended 31 December 2024.
First Sponsor Group’s net profit soars to $93m in FY2024
Gross profit increased by 3% to $135.9m.
SIIC Environment Holdings profit inches up in FY2024
The company said revenue was up 0.3% year-on-year to $1.4b (RMB7.6b).
Singapore’s manufacturing output rises 9.1% in January
Excluding biomedical manufacturing, output rose 7.3%.
Centurion’s profit climbs 125% YoY in FY2024
The company has recommended a final dividend of $0.02 per share.
Hong Leong Asia’s net profit surges by 35% YoY in FY2024
The group has doubled its dividend to $0.04 per share.
HRnetGroup profit falls nearly 30% in FY 2024
The group's revenue decreased by 2% to $567m.
Stoneweg European REIT net property income dips 2.3% to $184m in FY 2024
Gross revenue went down by 1.6%.
CapitaLand Investment profit surges 165% YoY in FY2024
Revenue rose to $2.82b.
Frasers Property jointly secures Songjiang residential site for $152m
The site will be developed into 189 low-rise homes.
17Live trims losses to $4.4m as streaming revenue jumps
Revenue from its V-Liver livestreaming doubled to $14.7m.
Yangzijiang Shipbuilding profit soars 61.7% to $1.22b in FY2024
Revenue also rose 10.1% YoY.
Singapore’s internet cost amongst the most affordable globally
The average cost of fixed broadband data is US$1.02 per Mbps.
Daily Markets Briefing: STI down 0.09%; Top stock is HongkongLand USD
HongkongLand USD is the top stock with a 2.66% increase.
Commentary
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