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Stocks to watch: Croesus Retail Trust, Genting Hong Kong
SHARES of the following companies may be affected by recent events or announcements:
Croesus Retail Trust: Japanese mall owner Croesus Retail Trust reported a distribution per unit (DPU) of 2.01 Singapore cents for its fourth quarter, up from 1.7 Singapore cents in the previous year, the group said in a Singapore Exchange filing on Friday morning. That came as Q4 income available for distribution increased 19 per cent to 1.3 billion yen (S$16.2 million) from the preceding year.
Genting Hong Kong: Genting Hong Kong plunged further into the red with a net loss of US$203.2 million for the six months ended June 30, deepening from a loss of US$54.6 million for the same period a year ago. Revenue for the period was US$532.5 million, up from US$435.8 million, on the back of an increase in revenue from cruise and cruise-related activities. Loss per share was 2.38 US cents, up from 0.63 US cent a year ago.