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.
Ascendas India Trust said Wednesday its 1H21 net property income rose 5%, mainly on completing the Endeavour building and acquiring aVance 6.
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 (CICT) said Wednesday 1H21 net property income was S$472.16M. The results missed Daiwa’s forecasts.
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 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 said Tuesday DPS rose 95% on-year on divestments and termination-fee income. The results missed Daiwa’s forecast.
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.
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 Trust said Monday fiscal 1Q net property income rose 14.3% on-year on lower rental relief at Festival Walk.
Singapore stock briefs for Monday, 26 July 2021: Olam, SIA Engineering, iFAST, Mapletree Commercial Trust, Far East Group and Y Ventures.
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.
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 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 raised its target price on Suntec REIT slightly despite revenue and net property income coming in below its forecasts.
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 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 said Thursday its tenants’ sales edged back up to near pre-Covid levels in fiscal 3Q despite tighter restrictions.
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.
Singapore’s Temasek reported Tuesday its net portfolio value climbed to a record S$381B for the fiscal year ended 31 March.