Falls
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SIIC Environment Q4 net profit falls 90.1%; full-year profit down 22.6%
WASTEWATER treatment company SIIC Environment posted a 90.1 per cent fall in net profit to 20.6 yuan million (S$3.9 million) for the fiscal fourth quarter ended Dec 31, 2023, from…
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Valencia Falls Silent To Recall Housing Block Inferno Victims
Hundreds of people observed five minutes of silence in the Mediterranean port city of Valencia on Saturday to honour the 10 victims of a huge fire that ripped through a…
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Hong Leong Finance H2 net profit falls 45% to S$46.8 million
HONG Leong Finance reported on Friday (Feb 23) a 45.4 per cent decline in net profit for the second half of 2023, on the back of lower net interest income.…
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BHG Retail Reit H2 DPU falls 80.5% to S$0.0008
BHG Retail Reit reported on Friday (Feb 23) a 80.5 per cent decline in distribution per unit (DPU) for the second half of 2023, despite higher net property income (NPI).…
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Hot stock: Genting Singapore falls 9.7% on Friday after Q4 results disappoint
SHARES of Genting Singapore fell as much as 10.2 per cent on Friday (Feb 23), after the operator of Resorts World Sentosa reported disappointing fourth-quarter financials the day before. The…
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Hot stock: Genting Singapore falls 10.2% amid heavy trading
SHARES of Genting Singapore dropped 10.2 per cent at Friday’s (Feb 23) open, after the operator of Resorts World Sentosa reported disappointing Q4 financials the day before. The counter fell…
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Singtel’s Q3 profit falls 12.5% to S$465 million on exceptional items
SINGTEL’S net profit for the third quarter ended Dec 31, 2023, was down 12.5 per cent to S$465 million from S$532 million in the same period a year ago. On…
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IReit Global’s H2 DPU falls 26.6% to 0.0094 euro
EUROPE-FOCUSED real estate investment trust (Reit) IReit Global reported on Thursday (Feb 22) a 26.6 per cent decline in distribution per unit (DPU) for the second half, on the back…
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Venture H2 net profit falls by a third on lower revenue
VENTURE Corporation reported on Thursday (Feb 22) a 33.4 per cent decline in net profit for the second half, on the back of lower revenue. Net profit for the six…
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Prime US Reit H2 DPU falls over 90% to US$0.0025; announces 1-for-10 bonus issue
PRIME US Reit’s distribution per unit (DPU) for the second half fell over 90 per cent year on year, as the manager opted to preserve a “substantial proportion of distributable…
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Wilmar H2 net profit falls 21.3% on lower contributions from feed and industrial products
WILMAR International’s net profit for the half year ended December 2023 fell 21.3 per cent to US$973.9 million, from US$1.2 billion the year before. This was due to lower contributions…
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National Australia Bank’s quarterly profit falls on higher costs
NATIONAL Australia Bank on Wednesday reported a 3 per cent drop in its first-quarter cash profit compared to the quarterly average of the second-half of fiscal 2023, hit by higher…
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UOI H2 net profit falls 6% to S$17.3 million
UNITED Overseas Insurance (UOI), the general insurance arm of UOB, reported a net profit of S$17.3 million for the second half of the 2023 financial year. This is down 6…
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First Reit H2 DPU falls 6.1% to S$0.0124 on currency depreciation
HEALTHCARE real estate investment trust (Reit) First Reit on Tuesday (Feb 20) posted a 6.1 per cent decrease in distributions per unit (DPU) to S$0.0124 for the second half ended…
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Ringgit falls to 26-year low as Malaysia’s growth disappoints
THE Malaysian ringgit extended declines to the lowest level since the Asian Financial Crisis as China’s sluggish economy weigh on the country’s outlook. The local currency fell 0.2 per cent…
