FINWIRES · TerminalLIVE
FINWIRES

Bukit Sembawang Estates' Profit Jumps 58% in Fiscal H2

By

Bukit Sembawang Estate's (SGX:B61) profit before tax zoomed 58% in the fiscal second half ended March 31 to SG$99.4 million from SG$63.0 million a year earlier, according to a Thursday filing with the Singapore Exchange.

Shares of the real estate company were up nearly 2% in Friday trading.

Earnings per share came in at SG$0.3147 compared with SG$0.1984 in the year-ago period.

Revenue fell 5% year over year to SG$215.3 million from SG$225.9 million.

The company declared a final dividend of SG$0.04 per share and a special dividend of SG$0.18 per share for the period.

Related Articles

Asia

Winbond Electronics to Procure Machinery Equipment for NT$2.3 Billion; Shares Rally 10%

Winbond Electronics (TPE:2344) will procure machinery equipment worth about NT$2.3 billion from Applied Materials, according to a Thursday Taiwan Exchange filing.Shares jumped about 10% in Friday's late morning trade.The equipment will be used for for production purposes, it said.

$TPE:2344
Asia

CapitaLand Ascendas REIT Launches SG$1.4 Billion Life Sciences Cluster

CapitaLand Ascendas REIT (SGX:A17U) along with CapitaLand Development, launched Geneo, a SG$1.4 billion life sciences and innovation hub at Singapore Science Park, according to a Friday filing with the Singapore Exchange.Geneo spans across an area of 180,600 square meters and comprises three properties, which include laboratories and business park workspaces.

$SGX:A17U
Asia

China Bohai Bank Completes 9 Billion Yuan Tier 2 Bond Issue

China Bohai Bank (HKG:9668) completed the issuance of 9 billion yuan in tier 2 capital bonds in China's interbank bond market, according to a Thursday Hong Kong bourse filing.Shares of the lender were up more than 1% in late morning trade on Friday.The bonds are 10-year fixed-rate notes with an issuer redemption option at the end of the fifth year and carry a coupon rate of 2.10%.The bank said proceeds from the issuance will be used entirely to replenish its tier 2 capital.

$HKG:9668