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.
Prime US REIT sees a 6.1% drop in net property income in Q3
Its net property income fell to US$24.2m.
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.
Commentary
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