Mapletree Investments FY14 earnings down 7.8%
Turnover down after divestments; FY13 results include disposal gains
Singapore
MAPLETREE Investments, a fully owned subsidiary of Temasek Holdings, has posted net earnings of $859.4 million for the year ended March 31, 2014 (FY2014), down 7.8 per cent from the preceding financial year which included major divestment gains.
Mapletree Anson in Singapore was sold in February 2013 to Mapletree Commercial Trust and Festival Walk in Hong Kong was sold to Mapletree Greater China Commercial Trust in March 2013.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results
Porsche posts Q1 profit drop on ramp-up costs