Golden Agri-Resources (SGX:E5H) reported a 20% decline in its first-quarter attributable net profit, according to a Friday filing with the Singapore Exchange.
The palm oil producer said net profit for the three months ended March 31 fell to $44.0 million from $55.0 million in the same period last year.
Revenue jumped 6% year over year to $3.23 billion from $3.04 billion, backed by increased downstream sales volume.
Man Wah Holdings (HKG:1999) recorded HK$1.81 billion in attributable profit for the fiscal year ended March 31, falling 12% from HK$2.06 billion a year earlier, according to a Friday filing with the Hong Kong bourse.Earnings per share were HK$0.4672, compared with HK$0.5319 in the prior-year period.Revenue fell 2.8% year on year to HK$16.4 billion, figures showed.The company also declared a dividend of HK$0.09 per share, payable July 22 to shareholders of record on July 13.
Eagle Hospitality Trust (SGX:LIW) received the green light from the Singapore Exchange for the delisting of Eagle Hospitality Real Estate Investment Trust from the bourse's Official List, according to a Friday bourse filing.The delisting is subject to an official company update.The trust will confirm the date and time of delisting in due course, the filing added.This follows the trust's plan to wind up, terminate, and delist Eagle Hospitality Real Estate Investment Trust.Eagle Hospitality Trust is a Singapore-based hospitality stapled group that comprises Eagle Hospitality Real Estate Investment Trust and Eagle Hospitality Business Trust.
City Developments (SGX:C09) obtained a SG$300 million multicurrency sustainability-linked loan from DBS Bank, according to a Friday filing with the Singapore Exchange.The loan is linked to the company's aim of adopting nature-based solutions and to support Singapore's transformation into a "City in Nature," which is part of the city-state's Green Plan 2030.The loan will be used for general corporate funding and working capital needs.