pstrongIncreased demand for MRO propelled the increase./strong/p pSIA Engineering saw its net profit rise 30.7% YoY to $97.1m in FY23/24 as demand for maintenance, repair, and overhaul (MRO) increased.
SIA Engineering saw its net profit rise 30.7% YoY to $97.1m in FY23/24 as demand for maintenance, repair, and overhaul increased.
The recovery of MRO demand also improved the company’s operating performance and share profits, which rose 39.8% YoY and 23.2% YoY, respectively.With improved net profit and revenue, the company proposed a final dividend of $0.060 for FY23/24....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
Wiseasy's WiseQ Mobile Payment Solution is shaping the future of the QR payments landscape for businesses, designed to prevent fraud and inefficiency, and ultimately, to serve an even bigger purpose.Wiseasy Technology earns a win in the Payments category at the SBR National Business Awards 2024
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SingPost transition lifts FY23/24 net profit to $81.5mpstrongNPI rose 110.2% YoY./strong/p pSingapore Post's (SingPost) evolution into a logistics enterprise has yielded significant results, with the company’s net profit soaring 110.2% year-over-year to $81.5 million in FY23/24./p pWith higher net profit, the company recommended a final exempt, one-tier dividend of 0.
Read more »
CapitaLand Malaysia Trust reports a 36.8% YoY jump in DPUpstrongThe firm’s distributable income also improved, rising 69.8% in 1Q24./strong/p pCapitaLand Malaysia Trust (CLMT) reported a distribution per unit (DPU) of 1.19 sen ($0.0106) in 1Q24, translating to a 36.8% YoY increase. /p pIn the same period, distributable income rose 69.8% to RM33.6m ($301,795) from RM19.8m ($177,903) in 1Q23.
Read more »
Singapore properties boost OUE Commercial REIT’s NPI by 6.9% YoYpstrongThese properties include Hilton Singapore Orchard./strong/p pThe net property income of OUE Commercial REIT rose 6.9% YoY to $60.5m in 1Q24, driven by enhanced contributions from Hilton Singapore Orchard and the robust performance of Singapore's commercial properties.
Read more »
FCT's net property income declines 8.4% YoY amidst asset changespstrongWith lower NPI, FCT also recorded a decline in its DPU./strong/p pFrasers Centrepoint Trust’s (FCT) net property income and gross revenue fell in 1H24 amidst lower contributions from Changi City Point and Tampines 1.
Read more »
CapitaLand India Trust's net property income surges 18% YoY in 1Q24pstrongThe REIT attributed the increase to higher property income./strong/p pIncreased property income propelled CapitaLand India Trust's (CLINT) net property income (NPI) up 18% YoY in SGD terms and 19% YoY in Indian Rupee terms in 1Q24./p pBased on its latest financial statement, CLINT recorded an NPI of $49.4m (₹3.1b).
Read more »
Suntec REIT's distributable income dips 1.1% YoY in 1Q24pstrongWith lower income, the REIT also reported a 1.8% dip in DPU./strong/p pSuntec REIT posted a 1.1% YoY lower distributable income to unitholders of $44m in 1Q24./p pThe REIT also recorded a 1.8% YoY drop in its distribution per unit (DPU) from operations to $0.01511.
Read more »