Posts Tagged ‘Cents’
DBS Q4 profit falls 10% to S$2.26 billion, falling short of forecasts; pays 81 cents in dividends
The bank will be maintaining its capital return dividend in FY2026 and FY2027, barring unforeseen circumstances [SINGAPORE] DBS’ net profit for its fourth quarter ended Dec 31, 2025, fell 10 per cent to S$2.26 billion, compared with S$2.52 billion from the year-ago period. Excluding the S$100 million set aside for CSR commitments, net profit would…
Read MoreNursing home additions lift Parkway Life Reit’s H2 DPU by 3.5% to 7.64 cents
The Singapore hospital portfolio also saw organic rental growth with step-up lease agreements [SINGAPORE] (PLife Reit) saw a 3.5 per cent rise in distribution per unit (DPU) to 7.64 cents for the second half of the year ended Dec 31, 2025. The Reit, which owns 74 healthcare-related properties in Singapore, Japan and France, posted a…
Read MoreGrab rides to cost 30 cents more from Jan 1 with platform fee hike
[SINGAPORE] Singapore’s largest ride-hailing firm Grab will be increasing its platform fee by 30 cents come Jan 1, 2026. Passengers will then pay S$1.20, up from the current 90 cents, the firm said in an e-mail announcement on Wednesday (Dec 24). The hike in “platform and partner fees” will support upcoming updates to drivers’ CPF…
Read MoreWendy’s Sells Frostys for ‘6-7’ Cents On Black Friday
American fast food giant Wendy’s is tapping into a popular Gen Alpha meme by offering its signature Frosty dessert for just 67¢ (approximately 53p) this Black Friday. The promotion riffs on the ‘6-7’ craze, read as ‘six-seven,’ which became viral among Gen Alpha and Gen Z in recent months. It became so culturally relevant that…
Read MoreCapitaLand Ascendas Reit posts 0.6% drop in H1 DPU to 7.477 Singapore cents
[SINGAPORE] The distribution per unit (DPU) for industrial property player CapitaLand Ascendas Reit (Clar) fell 0.6 per cent for the half-year ended June to S$0.07477, on the back of an enlarged unit base. The unit base of the Reit (real estate investment trust) grew 0.7 per cent year on year to around 4.4 billion units…
Read MoreStoneweg European Reit Q1 DPU falls 3.7% to 3.374 euro cents
[SINGAPORE] The distribution per unit (DPU) of Stoneweg European Real Estate Investment Trust (SERT) declined 3.7 per cent to 3.374 euro cents for the first quarter ended Mar 31, from 3.505 euro cents in the year-ago period. This was despite a 2.4 per cent increase in net property income to 33.5 million euros (S$49.9 million),…
Read MoreStoneweg European Reit H2 DPU sinks 10.7% to 7.056 euro cents
STONEWEG European Real Estate Investment Trust’s (SERT) distribution per unit for the second half ended Dec 31, 2024, fell 10.7 per cent to 7.056 euro cents, from 7.903 euro cents in the corresponding year-ago period. Second-half revenue declined to 106.6 million euros, down 1.4 per cent from 108.1 million in the year-ago period. Net property…
Read MoreMusk’s DOGE Goes After the Penny: ‘Costs Over 3 Cents’
AFP The Department of Government Efficiency (DOGE), led by Elon Musk, is questioning the penny costing 3 cents to make. DOGE’s role in the Trump administration is to reduce wasteful spending and eliminate unnecessary regulations, according the White House. DOGE’s official account on X shared figures that U.S. taxpayers pay more than $179 to produce…
Read MoreCromwell E-Reit H1 DPU falls 9.5% to 7.05 euro cents
CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) posted a distribution per unit (DPU) of 7.05 euro cents for the first half ended June 2024, down 9.5 per cent from 7.79 euro cents a year prior. Unitholders will receive the distribution payment on Sep 27 following the ex-distribution date of Aug 15. Revenue declined 1.9…
Read MoreCapitaLand Ascendas Reit posts 2.5% drop in H1 DPU to 7.524 cents
INDUSTRIAL property player CapitaLand Ascendas Reit (Clar) saw distribution per unit (DPU) fall 2.5 per cent for the half-year ended June to S$0.07524. This comes amid an enlarged unit base and higher finance costs. The lower DPU came even as H1 revenue was up 7.2 per cent year on year at S$770.1 million, while net…
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