Corp earnings

StarHub Q1 net profit tumbles 81.3% to S$5.9 million as consumer business slides across the board

Mobile segment subscriptions fall to 2.2 million, from 2.4 million in the year-ago period, amid softer roaming revenue

CLI notes that the gains for the fee-related business were underpinned by its funds platform, amid increases across segments.

CLI fee revenue up 10% in Q1 as real estate investment business revenue softens 14%; potential inflation may weigh on asset operations

Total revenue stands at S$487 million; real estate investment business revenue down following divestments

Revenue for the quarter climbed 5.1% on the year to US$38.7 million from US$36.9 million.

Kore US Reit Q1 distributable income rises 4.3% on higher adjusted NPI

The improvement is mainly due to higher one-off other operating income and cash rental income

AT DBS, AI has compressed work that previously took months or even years into a matter of weeks.

DBS says AI push is paying off as it shifts from efficiency tool to growth engine

The time savings from the technology can be redeployed towards business expansion, says chief Tan Su Shan

The managers of CapitaLand Ascott Trust attribute the decline in gross profit from their US student housing portfolio to "execution" on the ground, rather than poorer demand fundamentals.

Clas stays upbeat on US student housing despite 15% drop in segment’s H2 gross profit

Chief executive of Clas’ managers Serena Teo says they will take ‘drastic measures’ to boost occupancy and leasing rates in the next academic year

New Tech Park is the “crown jewel” in Sabana Reit's portfolio, with a 94.7% occupancy rate as at Sep 30 – a 12-year high.

Sabana Reit’s Q3 income available for DPU up 38.4% at S$0.0101 on higher occupancy at New Tech Park

Revenue rises 5.3% year on year to S$29.9 million; net property income climbs 16% to S$16.9 million

Michael Mun, executive chairman and CEO of Aztech Global. The Company says it has commenced the commercial production of five of these new orders year to date, with another five slated to start in Q4.

Aztech Global Q3 profit falls 21.2% to S$10.8 million on lower demand

Earnings per share at S$0.0141, down from S$0.0178 the previous year

The recent price strength of crude palm oil has been underpinned by policy developments, such as the US biofuel blending targets.

SGX-listed plantation firms ride output gains, lure with dividends

While analysts expect the strong streak to continue, downside risks to crude palm oil prices in H2 remain

The group has declared an interim dividend of S$0.02 a share, down from S$0.03 a share declared for the year-ago period.

Olam H1 profit rises 574% to S$323.8m as continuing operations swing into the black

The group would receive additional considerations of more than US$136 million if the first tranche of Olam Agri sale is not completed by end-2025