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StarHub cuts dividends for FY2019 after Q4 earnings missSTARHUB is slashing its dividends for 2019, while earnings for 2018 fell below street forecasts. Read more at The Business Times.
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Malaysia Q4 GDP grows 4.7% y-o-y, in line with expectations[KUALA LUMPUR] Malaysia's economy expanded 4.7 per cent in the October-December quarter from a year earlier, ending four quarters of slowing growth on resilient private consumption and some recovery from supply disruptions in commodity-related sectors. Read more at The Business Times.
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HPH Trust posts Q4 net loss of HK$12.11b on recognition of impairment lossesTHE recognition of non-cash impairment losses of HK$12.29 billion (S$2.12 billion) in the fourth quarter heavily dampened results for Hutchison Port Holdings Trust (HPH Trust) for the three months ended Dec 31, 2018. Read more at The Business Times.
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Far East Hospitality Trust DPS up 3.1% for Q4FAR East Hospitality Trust saw distribution per stapled security (DPS) rise 3.1 per cent to one Singapore cent for the fourth quarter ended Dec 31, 2018, from 0.97 Singapore cent a year ago, the trust manager announced on Wednesday morning. This came on the back of a 4.9 per cent rise in income available for distribution to S$19.1 million, from S$18.2 million for the year-ago period. Read more at The Business Times.
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Perennial Q4 profit slides 42% to S$16m on higher finance costsHIGHER finance costs took a toll on Perennial Real Estate Holdings' fourth-quarter earnings, as net profit fell 42 per cent to S$16 million. Read more at The Business Times.
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Sevak Q4 earnings drop 32.9% to S$280,000IT solution company Sevak, which has been on the Singapore Exchange's (SGX) watch list since March 4, 2015, has seen a 32.9 per cent drop in net profit for the fourth quarter ending Dec 31, 2018 to S$280,000 from the year-ago period's S$417,000. Earnings per share (EPS) was at 2.28 Singapore cents for the quarter, down from 3.13 cents the year before. Read more at The Business Times.
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Manulife US Reit Q4 DPU up 7.7% to 1.53 US centsMANULIFE US Reit’s fourth quarter distribution per unit (DPU) rose almost 8 per cent, boosted by contributions from properties acquired in 2017 and 2018. Read more at The Business Times.
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