Corporate Digest

Chip Eng Seng

MAINBOARD-listed real estate group Chip Eng Seng Corp's fourth-quarter net profit fell to S$13.4 million for the three months to Dec 31, 2019, from S$26.6 million the year before. Revenue fell by 8 per cent to S$283.2 million.

Far East Hospitality Trust

FAR East Hospitality Trust's distribution per stapled security (DPS) fell by 5 per cent to 0.95 Singapore cent for its fourth quarter ended Dec 31, from one Singapore cent a year ago. Gross revenue was up 0.1 per cent to S$28.95 million for the quarter from S$28.92 million a year ago. Net property income f…

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