Net property income

Singtel's first-half net profit rises 23% YoY to $1.17b

The company's partial divestment of its stake in Airtel helped boost its profit.

Singtel's first-half net profit rises 23% YoY to $1.17b

The company's partial divestment of its stake in Airtel helped boost its profit.

First REIT's net property income jumps 40.1% YoY to $79.08m in 9M22

The increase was due to the contributions from acquisitions in Japan.

OUE C-REIT posts 4.4% YoY higher income of $48.3m in Q3

The increase was mainly due to lower property expenses.

Starhill Global REIT’s net income rises 8.4% YoY to $37.2m in Q1 FY22/23

The completion of asset enhancement work at The Starhill contributed to the increase.

UOB’s net profit soars 34% YoY in Q3

The increase was driven by strong net interest income amongst others.

SPH REIT’s NPI rises 3.5% YoY to $209.7m in 12M FY22

Given the increase, the REIT declared a 2.2% YoY higher distribution per unit of $0.052.

IHH Healthcare's net income jumps 27% to $3.8m in Q2

The application of MFRS 129 boosted the company's income.

Singtel's net profit jumps 41.3% YoY in Q1

The group attributed its profit growth to Airtel's improved operational performance.

First Resources' net profit soars 293.1% YoY to US$128.0m

Stronger palm oil prices gave the company a boost.

PropNex Limited's net profit drops 17.1% YoY to $28.3m in H122

The decline was on the back of its marginally lower revenue.

Manulife US REIT’s net income rises 2.8% YoY to US$57.6m in H122

The REIT said higher car park income was amongst the factors that drove the increase.

ARA H-Trust’s net income soars 131% YoY to US$21.1m in H122

The increase was on the back of the trust’s higher revenue and gross operating profit.

Ascendas REIT’s net income increase 7% YoY to $476.9m in H1 22

The increase was driven by contributions from its newly acquired properties.

Starhill Global REIT’s NPI jumps 7.6% YoY to $75.1m in FY21/22

The cessation of rental rebates in Malaysia contributed to the increase.

CLCT’s net income jumps 15.9% YoY to $139.5m in H122

The increase was due to strong contributions from CLCT’s business parks and logistics assets.

OUE C-REIT’s net income dips 14.2% YoY to  $93.6m in H1

The decline was due to the deconsolidation of OUE Bayfront’s performance.