Net property income
SGX net profit to grow by 8.6% YoY
SGX net profit to grow by 8.6% YoY
Driving growth in the bourse is the forex and commodity segment.
MNACT’s net profit rises by 4.1% YoY to $81.5m in Q1 FY22/23
The profit growth was largely driven by two factors.
OUE Commercial REIT’s net property income down by 21.5% in Q1
This is due to the OUE Bayfront’s performance.
SingPost Group's full-year net profit soars 74.5% to $83.1m
A final dividend of $0.013 per ordinary share was proposed following the increase.
Cromwell EREIT posts unaudited net income of $47.52m in Q1
The Q1 income represents a 5.4% YoY increase.
Prime US REIT's net income jumps 10.4% YoY to $35.28m in Q12022
The REIT's new assets, Sorrento Towers and One Town Center, contributed to the growth.
Mapletree Industrial Trust's net income shoots up to $472.0m
The increase was driven by the company's data centre acquisitions in the U.S.
AIMS APAC REIT's net income soars 16.6% YoY to $55.48m
Despite the income growth, the REIT's DPU still decreased by 4.8% YoY.
Frasers Centrepoint Trust net income rises 3.8% to $130.48m
The increase drove the company's distributable income higher in 1H2022.
Suntec REIT's net income jumps 24.9% to $74.3m
The increase was due to higher contributions from Suntec Mall, and two other properties.
MNACT's net income inches up by 10.2% in FY21/22
The increase was attributed to three factors.
SPH REIT’s NPI rises by 0.4% to $105.3m in 1H22
The increase was driven by a gradual recovery in the operating environment.
Jardine Matheson’s underlying profit jumps 39% to $2.06b
Given this, the company proposed a final dividend of $2.24 per share.
Dairy Farm's underlying profit drops 62% to $142.7m
This is due to the impact of the reduction in the contribution from Yonghui.
First Resources Limited’s full-year profit soars 61.6% YoY to $218.23m
This is on the back of its record-breaking sales of $1.4b in FY21.
Cromwell European REIT full-year net property income rises 10.9% YoY to $198.21m
The growth was driven by two factors.
Raffles Medical Group’s H2 2021 net profit declines 7.2% to $44.88m
This is despite a 16.3% increase in its revenue during the same period.
Commentary
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data