Keppel Infrastructure Trust swings to 1H21 loss on Ixom impairment
Keppel Infrastructure Trust swung to a first half loss of S$2.95M after a S$17M impairment on water treatment player Ixom’s assets.
Earnings
Ascendas India Trust posts 1H21 net property income rose 5 percent to S$77.3M
Ascendas India Trust said Wednesday its 1H21 net property income rose 5%, mainly on completing the Endeavour building and acquiring aVance 6.
UPDATE: Singapore stock briefs Wednesday: Keppel, Mapletree Industrial, Parkway Life, Oxley
Singapore companies which may be in focus on Wednesday, 27 July 2021: Keppel, Parkway Life REIT, Mapletree Industrial Trust and Oxley.
CapitaLand Integrated Commercial Trust posts 1H21 net property income of S$472.2M
CapitaLand Integrated Commercial Trust (CICT) said Wednesday 1H21 net property income was S$472.16M. The results missed Daiwa’s forecasts.
Parkway Life REIT posts 2Q21 net property income slipped
Parkway Life REIT said its 2Q21 net property income fell 2.8% on-year to S$27.42M on a Japan property divestment and the yen’s depreciation.
Mapletree Industrial Trust posts fiscal 1Q net property income climbed 33 percent
Mapletree Industrial said Tuesday its fiscal 1Q net profit climbed 33.1% YoY to S$104.72M, mainly on the purchase of 14 U.S. data centers.
Ascott Residence Trust posts 1H21 DPS nearly doubled even as gross profit fell 7 percent
Ascott Residence Trust said Tuesday DPS rose 95% on-year on divestments and termination-fee income. The results missed Daiwa’s forecast.
UPDATE: Keppel Pacific Oak US REIT posts 2Q21 net property income slipped
KORE reported Monday its 2Q21 net property income slipped 3.3 percent on-year to US$20.23M, while gross revenue declined 3.9 percent on-year.
LMIR Trust posts 2Q21 net property income more than doubled
Lippo Malls Indonesia Retail Trust said Monday its 2Q21 net property income more than doubled amid lower rental and service-charge discounts.
Mapletree North Asia Commercial posts fiscal 1Q net property income rose 14 percent
Mapletree North Asia Commercial Trust said Monday fiscal 1Q net property income rose 14.3% on-year on lower rental relief at Festival Walk.
UPDATE: Singapore stock briefs Monday: Olam, SIA Eng, iFAST, Mapletree Commercial, Y Ventures, Far East Group
Singapore stock briefs for Monday, 26 July 2021: Olam, SIA Engineering, iFAST, Mapletree Commercial Trust, Far East Group and Y Ventures.
Raffles Medical reports 1H21 net profit more than doubled
Raffles Medical reported Monday its 1H21 net profit climbed 128.7% on-year to S$39.45M as it supported Singapore’s Covid-19 response.
iFAST reports 2Q21 net profit increased 55 percent
Wealth management platform iFAST reported Friday its 2Q21 net profit increased 55% on-year to S$7.02M as assets under administration climbed.
Mapletree Commercial Trust posts fiscal 1Q net property income rose 23 percent
Mapletree Commercial Trust said Friday its fiscal 1Q net property income rose 22.9% on-year to S$96.90M, mainly on lower rental rebates to tenants.
Daiwa ups Suntec REIT target slightly despite earnings miss
Daiwa raised its target price on Suntec REIT slightly despite revenue and net property income coming in below its forecasts.
ESR-REIT posts 1H21 net property income rose 8.4 percent
ESR-REIT said Friday its 1H net property income rose 8.4% on-year to S$87M, mainly on the absence of year-earlier Covid-19 rental rebates.
Suntec REIT reports 1H21 net property income rose 24 percent
Suntec REIT reported Thursday its 1H21 net property income rose 23.9% on-year to S$112.62M, mainly on higher revenue from select properties.
Frasers Centrepoint Trust saw fiscal 3Q21 tenant’s sales recover despite traffic decline
Frasers Centrepoint Trust said Thursday its tenants’ sales edged back up to near pre-Covid levels in fiscal 3Q despite tighter restrictions.
Mapletree Logistics posts fiscal 1Q net property income climbed 21 percent
Mapletree Logistics posted 1Q net property income of S$144.15M, up 21.3% on-year on higher revenue from existing properties and from acquisitions.
Temasek portfolio bounces back from pandemic year to record S$381B
Singapore’s Temasek reported Tuesday its net portfolio value climbed to a record S$381B for the fiscal year ended 31 March.