1Q results

Broker's Calls

Latest acquisition expected to bring SPH REIT to new heights this year

SINGAPORE (Jan 13): Analysts are keeping their positive stance on SPH REIT following the REIT’s 1Q20 results announcement on Jan 10.

Results

Pan Hong swings back into the black with 1Q earnings of $21 mil

SINGAPORE (Aug 14): China property group Pan Hong Holdings has swung back into the black with earnings of RMB106.4 million ($21 million) in 1Q20, compared to a loss of RMB0.9 million in 1Q19.

Results

Cortina posts 69% increase in 1Q earnings to $8.9 mil on higher sales

SINGAPORE (Aug 14): Cortina Holdings has reported earnings of $8.9 million for 1Q ended June, up 69% from $5.3 million for the same quarter last year.

Results

Metro 1Q earnings down 47.5% to $10.6 mil on higher costs, lower JV contributions

SINGAPORE (Aug 13): Metro Holdings reported 1Q20 earnings almost halved to $10.6 million, compared to $20.2 million in 1Q19.

Results

Boustead Projects 1Q earnings down 53% to $4.7 mil on absence of one-off gains

SINGAPORE (Aug 7): Boustead Projects reported 1Q20 earnings of $4.7 million, 53% lower compared to the $10 million in 1Q19, on absence of one-off gains from sale of 25 Changi North Rise in FY19.

Investing ideas

Ascendas India Trust in sweet spot to ride India's IT, logistics boom

SINGAPORE (Aug 1): Riding on the fast growing IT and logistics industries in India, Ascendas India Trust (a-iTrust) is expecting rentals in Bangalore and Hyderabad’s IT Corridor I to increase over

Investing ideas

Mapletree Commercial Trust to continue riding on robust office sector outlook

SINGAPORE (July 29): VivoCity, Singapore’s largest shopping mall, launched its retail extension of

Results

MCT declares 3.6% higher 1Q DPU of 2.31 cents on higher revenue

SINGAPORE (July 26): The manager of Mapletree Commercial Trust (MCT) announced that its DPU for 1Q19/20 ended June has increased by 3.6% to 2.31 cents, compared to 2.23 cents in 1Q18/19.

Broker's Calls

Accretive acquisition and long WALE keeps EC World REIT at 'buy'

SINGAPORE (May 29): Phillip Capital is keeping its “buy” call on EC World REIT (ECW REIT) with a higher target price of 87.2 cents from 85 cents previously.

Broker's Calls

Accumulate ComfortDelGro on dips given good track record: UOB

SINGAPORE (May 28): UOB Kay Hian recommends investors "buy" ComfortDelGro (CDG) on dips with a target price of $2.77 following the group’s results announcement.

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