Stocks to watch: SIA, CDLHT, Ascendas Reit, Mapletree NAC Trust, Far East H-Trust, SembMarine

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Stocks to watch: SingaporeAir, CDLHT, Ascendas Reit, Mapletree NAC Trust, Far East H-Trust, SembMarine

to 0.91 Singapore cent for its second quarter ended June 30, down from 1.01 cents a year ago. This came on the back of a 7.4 per cent decline in income available for distribution to S$17.6 million for the quarter from S$19 million for the previous year, as well as an enlarged base. There were some 1.92 million stapled securities in issue at the end of the quarter, up from 1.87 million stapled securities a year ago. The counter for Far East H-Trust closed up 0.5 Singapore cent to 69.

The counter for SembMarine closed flat at S$1.43 on Monday, before results were released.to S$18.42 million for the second quarter ended June 30. Revenue was up 11.8 per cent to S$238.16 million after it opened 13 new stores, while earnings per share for the quarter clocked 1.23 Singapore cents, rising from 1.14 cents a year ago. The group declared an interim dividend of 1.75 cents per share, payable on Aug 27. This is up from the dividend of 1.65 cents a year ago. The counter closed at S$1.

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