Financial Statements
Sheng Siong net profit up 8.9% to $36.3m in 1Q24
Sheng Siong net profit up 8.9% to $36.3m in 1Q24
The supermarket attributed the increase to better sales.
MapleTree Industrial Trust’s NPI rises 0.6% on new acquisitions, leases
Despite higher NPI, MIT saw a 1.0% YoY dip in DPU.
CLI reports lower revenue of $650m in 1Q24
Its real estate investment business (REIB) revenue fell 4% YoY.
Digital Core REIT's net property income drops 9.5% in 1Q24
Distributable income also declined, dropping 2.4%.
CapitaLand India Trust's net property income surges 18% YoY in 1Q24
The REIT attributed the increase to higher property income.
Suntec REIT's distributable income dips 1.1% YoY in 1Q24
With lower income, the REIT also reported a 1.8% dip in DPU.
Singapore properties boost OUE Commercial REIT’s NPI by 6.9% YoY
These properties include Hilton Singapore Orchard.
Keppel's net profit rises in 1Q24, fueled by key sectors
With legacy offshore and marine assets factored in, net profit dipped YoY.
FCT's net property income declines 8.4% YoY amidst asset changes
With lower NPI, FCT also recorded a decline in its DPU.
United Overseas Insurance revenue rises 6% YoY in Q1’24
The company saw its net earnings reach $8m during the quarter.
Mapletree Pan Asia Commercial Trust NPI rises 15.2% to $727.9m in FY23/24
The REIT's Singapore portfolio helped boost its NPI.
CLCT's net property income hit by lower logistics park earnings
The REIT reported a 7.7% YoY lower NPI of RMB313m in 1Q24.
CapitaLand Ascott Trust's profit up 15% YoY in 1Q24
The REIT attributed the increase to stronger operating performance.
SGX-listed Aztech Global’s earnings up 18.7% in Q1
The growth was recorded despite a 20.4% decline in revenue.
First REIT DPU down 3.2% in Q1
Foreign exchange rates and interest rates impacted First REIT’s financials in the first quarter of 2024.
ESR-Logos REIT's NPI drops 10.8% post non-core asset divestments
Gross revenue also dropped 8.9% in 1Q24.
Keppel REIT's net property income rises 7.2% YoY to $48.2M in 1Q24
The REIT attributed the increase to strong operating performance.
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