Financial Statements

GuocoLand’s profit drops 47% YoY to $207.1m in FY23

The company recorded a profit decline despite a 60% YoY jump in revenue.

GuocoLand’s profit drops 47% YoY to $207.1m in FY23

The company recorded a profit decline despite a 60% YoY jump in revenue.

IHH net income down 51% YoY in Q2

The decline was driven by foreign exchange losses amidst Turkish Lira devaluation.

Grab cuts losses to $148m in 2Q23

The figure translates to a 74% YoY improvement.

SGX net profit grew 10.3% in FY 2023

The total adjusted net profit was $503.2m in FY 2023.

Yangzijiang Financial Holding’s net profit jumps 19.2% YoY to $162.5m in 1H23

Given the increase, the group also recorded a higher diluted EPS of $0.0439.

UHREIT reveals lower DPU YoY in H1

The retention of a property led to a lower DPU in the first half (H1) of 2023.

CEREIT’s DPU moderately drops by 4.5% YoY in H1

It was hit by the higher interest rates.

Lower almond yields and high-interest rates lower Olam Group’s H1 PATMI

The SGX-listed group posted $47.9m PATMI in the first half (H1) of 2023.

CLI’s PATMI down 19% to $351m in H1

The PATMI was attributed to improved operating performance in most sectors.

Bumitama Agri’s net profit down 45.4% YoY in H1

It went down to IDR 759.76b ($67.34m)  in the first half (H1) of 2023.

UOL’s net attributable profit shrinks to $135m in 1H23

Lower attributable fair value gains on its investment properties drove the 64% YoY decline.

Nanofilm Technologies captures $7.6m net loss in 1H23

The company attributed its loss to a softer consumer electronics market.

First Resources’ net profit falls 44.1% YoY to $71.5m in 1H23

The company’s sales likewise fell during the period.

Sasseur REIT’s DPU drops 2,6% YoY in 1H23

On a like-for-like currency basis, DPU would have been higher by 8.1% YoY.

CDL posts lower PATMI of $66.5m in 1H23

The company attributed the decline to the absence of substantial divestment gains in 1H22.

PropNex’ net attributable profit falls 18.4% YoY to $22.1m in 1H23

Given the lower profit, the company proposed an interim cash dividend of 2.5 cents a share.