News
Daily Markets Briefing: STI up 0.53%; Sembcorp Industries is top stock
Daily Markets Briefing: STI up 0.53%; Sembcorp Industries is top stock
Sembcorp Industries traded 8.75% up.
Buyer fatigue? LakeGarden Residences sells less than 25% of its units during launch
The Wing Tai development has a total of 306 units.
Elite Commercial REIT posts 24.2% YoY lower DPU of £0.0194 in 1H23
On a quarter-on-quarter basis, DPU grew by 6.4%.
Altura EC receives strong demand from HDB upgraders
Units allocated for second-timers during the launch got sold within the first 3 hours of sales.
Consortium to test charging abilities of ECVS on commercial e-vehicles in SG
The Busways-Shell Consortium is accepting corporate enquiries for trial testing.
Singapore is the top-performing residential market in APAC: study
The Lion City registers as the top-performing market with an 8% YoY increase.
Asking prices of rental properties drop since 2018: report
Property Guru said the rental index fell 2.9% QoQ in Q3 2023.
Yanlord Land presales down 37.7% to $4.27b in 7M 2023
Presales fell but a larger gross floor area (GFA) was contracted during the period.
OUEH’s profit attributable to the company down nearly 80% in H1
Its revenue, however, increased 85% year-on-year (YoY) to $78.7m.
Jardine C&C number of shares rise to 19,000
Per share amounted to $33.90.
Retail sales climb 1.1% YoY in June
Month-on-month, however, sales fell by 0.8%.
F&B sales growth eases to 7.2% in June
In April, F&B sales grew 8.7% YoY.
FHT’s Singapore portfolio RevPAR grew 76.8% YoY in 9M FY23
The hospitality trust said it exceeded the pre-2020 level by 15.2%.
Starhub net profit up 25.8% to $76.7m; raises EBITDA margin estimates
Service revenue guidance has been lowered to 3%-5%, from 8%-10% before.
Yangzijiang’s profit attributable to shareholders rises 47% YoY to RMB1.7b in 1H23
The company attributed its improved profit to increased shipbuilding activities.
IREIT Global’s net property income drops 10.1% YoY to €22m in 1H23
The REIT attributed the decline to higher property operating expenses.
Sembcorp Industries posts higher net profit of $602m in 1H23
The 1H23 record translates to a 55% jump from 1H22.
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