MAINBOARD-LISTED United Industrial Corp , flush from its coup in consolidating ownership of Marina Square, turned in first-quarter earnings growth on Tuesday.
The group's revenue was up by 12 per cent to S$185.3 million on growth in its property and information technology business segments. Turnover from hotel operations stayed flat. The recent deal, which came with a price tag of S$675.3 million, has put UIC and UOL in joint control of Marina Square Shopping Mall and the Marina Mandarin and Pan Pacific hotels, as well as a partial interest in the Mandarin Oriental Singapore hotel.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
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.
Keppel Corp posts lower Q1 net profit, eyes 15% mid- to long-term ROEDESPITE posting a 40 per cent lower net profit of S$202.9 million for the first quarter of financial year 2019 - as a result of smaller gains from en bloc sales of residential projects - Keppel Corporation is targeting a mid- to long-term return on equity (ROE) of 15 per cent for the group. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
CCT posts 3.8% rise in Q1 DPU to 2.2 Singapore centsCAPITALAND Commercial Trust (CCT) on Thursday posted a 3.8 per cent increase in distribution per unit (DPU) to 2.2 Singapore cents for its first quarter ended March 31, up from 2.12 cents paid out a year ago. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Sarine Tech warns of Q1 net loss of between US$1m and US$1.5mMAINBOARD-LISTED diamond technologies firm Sarine Technologies has warned of a net loss of between US$1 million and US$1.5 million for the first quarter ended March 31, in a Singapore Exchange filing on Thursday after the market close. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Weak Asia weighs on Accor Q1 hotel room revenue growth[PARIS] Accor, Europe's biggest hotel group, said on Thursday weakness in Asia and in North America held back growth in revenue per available room (RevPAR), a key gauge of performance for the hotel industry, to 1.6 per cent in the first quarter. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Sabana Reit announces Q1 DPU of 0.75 cent per unitSABANA Shari’ah Compliant Industrial Reit's (Sabana Reit) distribution per unit (DPU) for the first quarter eased to 0.75 Singapore cent per unit from 0.88 cent a year ago. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
2,457 dengue cases in Q1 this year, up from 678 last yearThere were three times as many dengue cases across Singapore in the first 31/2 months of this year compared with the same period last year, and the mosquito population remains high. Senior Minister of State for the Environment and Water Resources Amy Khor said yesterday...
Source: thenewpaper - 🏆 7. / 63 Read more »
ST Eng aerospace, electronics sectors secure S$2.1b in new contracts in Q1ST Engineering said on Monday its aerospace and electronics sectors secured new contracts worth about S$2.1 billion in total in the first quarter of 2019. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
LMIRT Q1 DPU falls 18% as rental income drops on lease expiryLIPPO Malls Indonesia Retail Trust (LMIRT) has slashed its first-quarter payout to unitholders by 17.9 per cent, as rental income slid year-on-year. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
China Q1 GDP growth steady at 6.4% year on year, beats expectations for slowdown[BEIJING] China's economy grew 6.4 per cent in the first quarter from a year earlier, official data showed on Wednesday, above expectations and steady from the previous quarter, helped by sharply higher factory production. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Keppel Reit posts Q1 DPU of 1.39 Singapore centsKEPPEL Reit on Wednesday announced that its first-quarter distribution per unit (DPU) fell 2.1 per cent year-on-year to 1.39 Singapore cents. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Soilbuild Reit posts Q1 DPU of 1.198 Singapore centsSOILBUILD Business Space Reit on Wednesday declared a distribution per unit (DPU) of 1.198 Singapore cents for the first quarter ended March 31, down 9.5 per cent from 1.324 cents a year ago as expense increases outpaced revenue growth. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »