The Business Times
business-time-50

Higher management fees boost ARA's Q2

google-preferred-sourceAdd BT as a preferred source
Published Tue, Aug 2, 2016 · 09:50 PM
ARA

Singapore

REAL estate fund management company ARA Asset Management on Tuesday posted a 9 per cent increase in revenue to S$40.3 million for its second quarter ended June 30, 2016.

Net profit attributable to shareholders also rose 18 per cent to S$19.3 million, while earnings per share rose to 1.94 Singapore cents, up from 1.9 cents a year ago.

ara asset management

TRENDING NOW

Singtel Singapore’s operating revenue falls 3.1% to S$901 million, attributed to “continued intense price competition”.

Singtel Q1 gain drops 71% to S$818 million in absence of Airtel stake sale; weaker Singapore business

The energy and urban solutions provider incurred S$155 million in transaction costs related to its acquisition of Australian energy provider Alinta.

Sembcorp raises interim dividend despite 72% H1 profit slide to S$150 million on Alinta deal costs

BYD’s rise to become the No 1 passenger-car seller in Singapore can be described as explosive. 

How BYD disrupted Singapore’s car market – and why the strategy is turning on itself

Revenue for the half year grows 61.1% to S$2.72 billion, up from S$1.69 billion in H1 2025.

CDL H1 profit jumps three times to S$301 million on strong condo sales, doubles interim dividend

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More