Financial Statements
Keppel Infrastructure Trust’s income hit by distribution and storage segment setback
Distributable income fell 29.1% YoY to $50.9m in 1Q24.
Keppel Infrastructure Trust’s income hit by distribution and storage segment setback
Distributable income fell 29.1% YoY to $50.9m in 1Q24.
Elite Commercial REIT’s NPI dips 3.7% YoY despite revenue increase
NPI for the period was £8.3m.
Prudential sees 11% YoY rise in Q1'24 new business profit
APE sales increased by 7% YoY to $1.6b.
Japfa's 1Q24 profit rebounds to $16.93m
A year ago, the company recorded a $58.55m loss.
Yen depreciation hurts Parkway Life REIT's quarterly net property income
NPI for the period was down 2.8% YoY.
Mapletree Logistics Trust's DPU declines 2.5% YoY in 4Q23/24 despite higher NPI
NPI for the period was 0.6% YoY higher.
CDL Hospitality Trust boosts NPI by 6.8% amid rising RevPAR
In Singapore, RevPAR rose 16.6% YoY to $205.
Far East Hospitality Trust's NPI climbs 6% to $25.1m on strong hotel growth
The hotel segment posted an 8.4% YoY higher revenue in 1Q24.
Starhill Global REIT's NPI dips 0.9% YoY amidst currency challenges
NPI for the period was $37.7m.
Wilmar’s Q1 net profit plunges 22.6% YoY
Lower earnings from some of its business units and investments in China pulled Wilmar’s net profit down.
Sheng Siong net profit up 8.9% to $36.3m in 1Q24
The supermarket attributed the increase to better sales.
MapleTree Industrial Trust’s NPI rises 0.6% on new acquisitions, leases
Despite higher NPI, MIT saw a 1.0% YoY dip in DPU.
CLI reports lower revenue of $650m in 1Q24
Its real estate investment business (REIB) revenue fell 4% YoY.
Digital Core REIT's net property income drops 9.5% in 1Q24
Distributable income also declined, dropping 2.4%.
CapitaLand India Trust's net property income surges 18% YoY in 1Q24
The REIT attributed the increase to higher property income.
Suntec REIT's distributable income dips 1.1% YoY in 1Q24
With lower income, the REIT also reported a 1.8% dip in DPU.
Singapore properties boost OUE Commercial REIT’s NPI by 6.9% YoY
These properties include Hilton Singapore Orchard.