Corporate digest
Frasers Logistics & Industrial Trust
FLT has posted a distribution per unit of 1.77 Singapore cents for its financial period ended Sept 30, an 8.6 per cent increase from its forecasted 1.63 Singapore cents.
Gross revenue for the quarter came up to A$42.2 million (S$44.07 million), 4.8 per cent higher than the forecasted A$40.3 million, while adjusted net property income was A$32.3 million, 4.7 per cent above forecast.
FLT, whose fiscal year ended on…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Blackstone reports 1% rise in Q1 earnings
India’s Infosys misses fourth-quarter revenue estimates
UBS shuts some China private funds, will lay off staff: sources
China’s top lenders face 1.6 trillion yuan loss-absorbing capital shortfall by 2025, Fitch estimates
US dollar rally stalls after rare FX warning from finance chiefs
ROE target of 14% is ‘decent’ for UOB: CEO Wee Ee Cheong