Markets & Investing
Jardine C&C reports 6% profit growth to $1.6b in FY23, Astra leads performance
Earnings per share ended at 308 US cents for 2023.
Jardine C&C reports 6% profit growth to $1.6b in FY23, Astra leads performance
Earnings per share ended at 308 US cents for 2023.
CapitaLand Investment’s PATMI down 6% to $781m in FY2023.
CLI has proposed a core dividend of 12 Singapore cents per ordinary share.
Property investment volume drops 30.6% YoY to $20.8b in 2023
GLS tenders accounted for 37.2% of total investment last year.
Gallant Venture records a $16m net loss in H2 FY23
The loss came despite the 4% increase in revenue.
Straits Trading cuts losses by 64.3% YoY to $43.5m in 2H23
In 1H23, the company recorded a $121.8m loss.
Trustee-manager of Dasin Retail Trust hit with winding up petition from ex-CEO
The trustee-manager has received two winding-up petitions.
Cromwell EREIT posts 8.7% YoY lower income of €88.3m in FY23
The REIT also declared an 8.7% YoY lower DPU of €0.15693.
Dasin Retail Trust taps Wang Peng as acting CEO of trustee-manager
Peng was previously part of the Sino-Ocean Group.
New bill likely to prolong fundraising, leadership change for firms critical to national security
Legal experts believe cybersecurity and AI entities are likely to be affected by the measure.
Net property income of IREIT Global rises 2.3% YoY to €49.9m in FY23
Despite the increase in NPI, the REIT declared a lower distribution per unit.
Prime US REIT’s distributable income slips 2.1% YoY to US$28.6m in 2H23
The REIT attributed the decline to higher finance costs.
Net property income of ARA H-Trust rises 15.1% YoY to US$47.7m in FY23
The REIT attributed the increase to improved revenues and robust operational performance.
UHREIT posts 7.6% YoY higher net property income in FY23
NPI for the period was US$50.7m.
First Sponsor Group’s net profit drops in FY23
The group reported a net profit of $12.5m.
Trustee manager of Dasin Retail Trust hit with winding-up petition
The Trust received the petition from Zhang Guiming.
DPU of Elite Commercial REIT drops 28.9% YoY to £0.0342 in FY23
The REIT recorded a lower DPU despite a higher net property income.
First REIT’s DPU slips 6.1% YoY to $0.0248 in FY23
The REIT attributed the decline to higher financing costs, amongst others.
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