Mapletree Industrial Trust Q1 DPU rises 3.3%.
MAPLETREE Industrial Trust's distribution per unit for the fiscal first quarter rose 3.3 per cent to 3.10 Singapore cents from three cents a year ago, according to its financial results posted on Tuesday.
Gross revenue rose 8.8 per cent to S$99.6 million from S$91.5 million a year ago, while total amount available for distribution to unitholders increased 11.1 per cent to S$63.2 million.In a media statement, it said business sentiment among local companies has edged up after three consecutive quarters of decline, but companies remain cautious, noting the mounting downside economic risks from US-China trade tensions and an uncertain outlook for global growth.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CapitaLand Mall Trust Q2 DPU up 3.9% to 2.92 S centsCAPITALAND Mall Trust (CMT) is raising its second-quarter distribution per unit (DPU) by 3.9 per cent to 2.92 Singapore cents, from 2.81 cents a year ago, the trust manager said on Tuesday before the market opened. Read more at The Business Times.
Read more »
FCT Q3 DPU slips to 3 S cents on lower net property income, higher costsCONTRIBUTIONS from Frasers Centrepoint Trust (FCT)'s holdings in associates PGIM Real Estate AsiaRetail Fund (PGIM ARF) helped third-quarter results for the retail landlord, even as it faced lower net property income, higher borrowing costs and an expanded unit base. Read more at The Business Times.
Read more »
Broadway Industrial shares surge 64% on heavy volume, prompting SGX queryTHE Singapore Exchange (SGX) queried Broadway Industrial Group on Monday morning, after the watch-listed precision manufacturer’s share price surged 63.6 per cent amid active trading. Read more at The Business Times.
Read more »
Tech leads as US stocks rise at start of big earnings weekNEW YORK: The Nasdaq rallied on Monday (Jul 22), with large technology shares gaining ahead of earnings reports and semiconductor stocks surging ...
Read more »
US mistrust on the rise, with government seen as worst: poll[WASHINGTON] Americans distrust the news media, but see government and political leaders as even more untrustworthy, a survey showed on Monday. Read more at The Business Times.
Read more »
US: Tech leads as stocks rise at start of big earnings week[NEW YORK] The Nasdaq rallied on Monday, with large technology shares gaining ahead of earnings reports and semiconductor stocks surging on expectations the sector is primed for good results. Read more at The Business Times.
Read more »