Corporate earnings
Frasers Property H1 profit falls 37.8% to S$88.4 million on impairment loss
Revenue for the half-year falls 5.2% to S$1.51 billion
Aims Apac Reit H2 DPU rises 4.1% to S$0.0513 on higher rental, recoveries
Revenue is up 4.1% at S$97 million for the period, from S$93.1 million the year before
Centurion Accommodation Reit’s Q1 NPI of S$37.5 million exceeds expectations
Revenue is 2.7% higher than the projected S$51.1 million; better-than-expected results due to higher occupancy and rental rates
HSBC misses profit estimates on fraud-related credit loss, Iran war risks
Its shares declined as much as 4.25% in early afternoon Hong Kong trading
Asian stocks near record high on tech corporate earnings as US dollar dips
ASIAN shares traded near record highs on Monday (May 4) as stronger-than-expected corporate earnings from technology companies kept the sector buoyant, while oil fluctuated amid mixed signals from the...
Mastercard profit climbs on steady transaction volumes
Its net income climbed to US$3.9 billion, or US$4.35 per share
Parkway Life Reit Q1 DPU up 15.1% at S$0.0442 on higher Singapore hospital rents
Revenue falls 2.1% to S$38.2 million, dragging net property income down 2.7% to S$35.8 million
CDL Hospitality Trusts Q1 NPI rises 10.4% to S$33.1 million
Revenue up 5.9% for the quarter at S$67.1 million, driven by broad-based growth
Developer China Vanke posts 5.95 billion yuan loss in Q1
[BEIJING] China Vanke’s losses dragged on in the first quarter as the embattled developer faces a wall of upcoming debt maturities.
Sheng Siong Q1 net profit up 12.6% on stronger sales
Revenue is up 12.4%, driven by the opening of 12 new stores
