News
United Hampshire US REIT’s NPI slips 1.7% YoY to US$25.4m in H1
United Hampshire US REIT’s NPI slips 1.7% YoY to US$25.4m in H1
The REIT cited the divested Big Pine Center for the decline.
Currency woes drag Delfi Limited’s PATMI down 22.3%
PATMI for the period was US$19.6m.
Prime US REIT’s distributable income drops 14.0% YoY to US$23.3m
The REIT credited the drop to higher finance costs and lower occupancy.
Golden-Agri’s profit sinks 44% YoY despite revenue and EBITDA gains
Revenue and EBITA rose 5% YoY and 4% YoY, respectively.
CapitaLand Investment’s profit drops 6% YoY, hit by higher expenses
PATMI for the period was $331m.
Sea Limited's Q2 net income declines 75.9% YoY despite revenue growth
In Q2, GAAP revenue rose 23.0% YoY.
Olam Group’s PATMI up 0.4% YoY, driven by strong subsidiary performance
Ofi reported an EBIT growth of 71.54% YoY.
PropNex earnings drop 13.8% to $19m in H1 2024
There were fewer private resale launches during the period.
First Resources’ net profit surges 45.4% in H1 2024
Sales for the period increased 1.9%.
ST Engineering profit rises 20% YoY to $337m in H1 2024
The group’s revenue also grew 14% YoY during the period.
CDL profit up 32% YoY to $87.8 m in H1 2024
It was driven by divestment gains as part of the group’s ongoing capital recycling strategy.
Singapore ranks 7th most expensive place for prime offices in APAC
Prime office rents stood at 33.7% in APAC.
Sentosa launches Singapore’s first accessible beach track
The beach track will be tested until 31 October 2024.
Leasehold strata retail lead H1 deals despite transaction decline
In H1, leasehold sales fell 7.9% HoH to 105 deals.
Daily Markets Briefing: STI up 0.86%; Top stock is YZJ Shipbldg USD
YZJ Shipbldg USD is the top stock with a 5.68% increase.
Economy grew 3% in H1
GDP growth was slightly slower in Q2 as the manufacturing sector shrunk.
NETS unveils terminal-less contactless payment solution
It accepts card payments and QR payments from local and overseas apps.
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SG60: What the next 10 years have in store for Singapore’s investment landscape