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03-08

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Singapore Stocks to Watch: Jardine Matheson, Hongkong Land, DFI Retail, Mandarin Oriental, Dasin Retail Trus

02-13

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your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/281931855941944","repostId":"1106390707","repostType":2,"repost":{"id":"1106390707","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1709859600,"share":"https://www.laohu8.com/m/news/1106390707?lang=&edition=full","pubTime":"2024-03-08 09:00","market":"sg","language":"en","title":"Singapore Stocks to Watch: Jardine Matheson, Hongkong Land, DFI Retail, Mandarin Oriental, Dasin Retail Trus","url":"https://stock-news.laohu8.com/highlight/detail?id=1106390707","media":"TigerNews SG","summary":"The following companies saw new developments that may affect trading of their securities on Friday (Mar 8):Jardine Matheson (J36): Jardine Matheson Holdings on Thursday (Mar 7) posted an underlying ne","content":"<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Friday (Mar 8):</p><p><strong>Jardine Matheson (J36):</strong> Jardine Matheson<strong> </strong>Holdings<strong> </strong>on Thursday (Mar 7) posted an underlying net profit of US$1.66 billion for the financial year 2023, up 5 per cent from underlying earnings of US$1.58 billion in 2022.</p><p style=\"text-align: start;\">The company also noted in a bourse filing that its financials for FY2022 have been restated due to changes in its accounting policies.</p><p style=\"text-align: start;\">Executive chairman Ben Keswick said that the group saw its underlying profit rise to “a new high” in 2023 as many of its businesses benefited from the reopening of markets following the end of the Covid-19 pandemic.</p><p><strong>Hongkong Land (H78):</strong> Property developer<strong> </strong>Hongkong Land<strong> </strong>fell into the red for the financial year ended Dec 31, 2023, posting a full-year loss of US$582.3 million, from a US$202.7 million profit the year before.</p><p style=\"text-align: start;\">Its underlying profit slid by 5 per cent to US$734.2 million, from US$776.1 million the previous year.</p><p style=\"text-align: start;\">The group said that profits from its investment properties grew, mainly due to an improved performance by its luxury retail and Singapore office portfolios, offsetting the reduced contributions from its Hong Kong office portfolio.</p><p><strong>DFI Retail (D01):</strong> DFI Retail Group<strong> </strong>posted underlying earnings of US$154.7 million for the fiscal year ended Dec 31, 2023, up 437 per cent from earnings of US$28.8 million in FY2022.</p><p style=\"text-align: start;\">The group’s net profit for the year stood at US$32.2 million, versus a loss of US$114.6 million in the prior year.</p><p style=\"text-align: start;\">Underlying earnings distinguishes between the group’s ongoing business performance and non-trading items, DFI said in its financial results posted on the bourse on Thursday (Mar 7).</p><p><strong>Mandarin Oriental (M04):</strong> Hotelier Mandarin Oriental International<strong> </strong>posted an underlying profit of US$81 million for FY2023, up from US$7.6 million a year ago. This translates to a full-year underlying profit growth of 966 per cent.</p><p style=\"text-align: start;\">The group’s revenue increased 23 per cent to US$558.1 million, buoyed by the return of Chinese tourists.</p><p style=\"text-align: start;\">The group saw a net loss, however, for FY2023 of US$365.4 million, up from US$49.5 million the year before.</p><p><strong>Dasin Retail Trus (CEDU):</strong> The trustee-manager of Dasin Retail Trust received a letter of demand dated Mar 4 regarding S$99,139.13 in alleged fees due and owed to Sun Shu, a former independent non-executive director.</p><p style=\"text-align: start;\">The trustee-manager said late Thursday (Mar 7) that the former director resigned on Aug 29, 2023, and is seeking his fees for the period from Aug 1 to 29, 2023.</p><p style=\"text-align: start;\">It is seeking legal advice over the letter.</p><p><strong>Sabana Industrial REIT (M1GU):</strong> Sabana Industrial real estate investment trust called for a trading halt on Friday morning before the market opened, pending the release of announcements. The counter closed Thursday down 1.4 per cent, or S$0.005, at S$0.36.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks to Watch: Jardine Matheson, Hongkong Land, DFI Retail, Mandarin Oriental, Dasin Retail Trus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks to Watch: Jardine Matheson, Hongkong Land, DFI Retail, Mandarin Oriental, Dasin Retail Trus\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2024-03-08 09:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Friday (Mar 8):</p><p><strong>Jardine Matheson (J36):</strong> Jardine Matheson<strong> </strong>Holdings<strong> </strong>on Thursday (Mar 7) posted an underlying net profit of US$1.66 billion for the financial year 2023, up 5 per cent from underlying earnings of US$1.58 billion in 2022.</p><p style=\"text-align: start;\">The company also noted in a bourse filing that its financials for FY2022 have been restated due to changes in its accounting policies.</p><p style=\"text-align: start;\">Executive chairman Ben Keswick said that the group saw its underlying profit rise to “a new high” in 2023 as many of its businesses benefited from the reopening of markets following the end of the Covid-19 pandemic.</p><p><strong>Hongkong Land (H78):</strong> Property developer<strong> </strong>Hongkong Land<strong> </strong>fell into the red for the financial year ended Dec 31, 2023, posting a full-year loss of US$582.3 million, from a US$202.7 million profit the year before.</p><p style=\"text-align: start;\">Its underlying profit slid by 5 per cent to US$734.2 million, from US$776.1 million the previous year.</p><p style=\"text-align: start;\">The group said that profits from its investment properties grew, mainly due to an improved performance by its luxury retail and Singapore office portfolios, offsetting the reduced contributions from its Hong Kong office portfolio.</p><p><strong>DFI Retail (D01):</strong> DFI Retail Group<strong> </strong>posted underlying earnings of US$154.7 million for the fiscal year ended Dec 31, 2023, up 437 per cent from earnings of US$28.8 million in FY2022.</p><p style=\"text-align: start;\">The group’s net profit for the year stood at US$32.2 million, versus a loss of US$114.6 million in the prior year.</p><p style=\"text-align: start;\">Underlying earnings distinguishes between the group’s ongoing business performance and non-trading items, DFI said in its financial results posted on the bourse on Thursday (Mar 7).</p><p><strong>Mandarin Oriental (M04):</strong> Hotelier Mandarin Oriental International<strong> </strong>posted an underlying profit of US$81 million for FY2023, up from US$7.6 million a year ago. This translates to a full-year underlying profit growth of 966 per cent.</p><p style=\"text-align: start;\">The group’s revenue increased 23 per cent to US$558.1 million, buoyed by the return of Chinese tourists.</p><p style=\"text-align: start;\">The group saw a net loss, however, for FY2023 of US$365.4 million, up from US$49.5 million the year before.</p><p><strong>Dasin Retail Trus (CEDU):</strong> The trustee-manager of Dasin Retail Trust received a letter of demand dated Mar 4 regarding S$99,139.13 in alleged fees due and owed to Sun Shu, a former independent non-executive director.</p><p style=\"text-align: start;\">The trustee-manager said late Thursday (Mar 7) that the former director resigned on Aug 29, 2023, and is seeking his fees for the period from Aug 1 to 29, 2023.</p><p style=\"text-align: start;\">It is seeking legal advice over the letter.</p><p><strong>Sabana Industrial REIT (M1GU):</strong> Sabana Industrial real estate investment trust called for a trading halt on Friday morning before the market opened, pending the release of announcements. The counter closed Thursday down 1.4 per cent, or S$0.005, at S$0.36.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D01.SI":"牛奶国际控股有限公司","J36.SI":"怡和控股有限公司","H78.SI":"置地控股有限公司","M1GU.SI":"胜宝工业信托","CEDU.SI":"大信商用信托","M04.SI":"文华东方国际有限公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106390707","content_text":"The following companies saw new developments that may affect trading of their securities on Friday (Mar 8):Jardine Matheson (J36): Jardine Matheson Holdings on Thursday (Mar 7) posted an underlying net profit of US$1.66 billion for the financial year 2023, up 5 per cent from underlying earnings of US$1.58 billion in 2022.The company also noted in a bourse filing that its financials for FY2022 have been restated due to changes in its accounting policies.Executive chairman Ben Keswick said that the group saw its underlying profit rise to “a new high” in 2023 as many of its businesses benefited from the reopening of markets following the end of the Covid-19 pandemic.Hongkong Land (H78): Property developer Hongkong Land fell into the red for the financial year ended Dec 31, 2023, posting a full-year loss of US$582.3 million, from a US$202.7 million profit the year before.Its underlying profit slid by 5 per cent to US$734.2 million, from US$776.1 million the previous year.The group said that profits from its investment properties grew, mainly due to an improved performance by its luxury retail and Singapore office portfolios, offsetting the reduced contributions from its Hong Kong office portfolio.DFI Retail (D01): DFI Retail Group posted underlying earnings of US$154.7 million for the fiscal year ended Dec 31, 2023, up 437 per cent from earnings of US$28.8 million in FY2022.The group’s net profit for the year stood at US$32.2 million, versus a loss of US$114.6 million in the prior year.Underlying earnings distinguishes between the group’s ongoing business performance and non-trading items, DFI said in its financial results posted on the bourse on Thursday (Mar 7).Mandarin Oriental (M04): Hotelier Mandarin Oriental International posted an underlying profit of US$81 million for FY2023, up from US$7.6 million a year ago. This translates to a full-year underlying profit growth of 966 per cent.The group’s revenue increased 23 per cent to US$558.1 million, buoyed by the return of Chinese tourists.The group saw a net loss, however, for FY2023 of US$365.4 million, up from US$49.5 million the year before.Dasin Retail Trus (CEDU): The trustee-manager of Dasin Retail Trust received a letter of demand dated Mar 4 regarding S$99,139.13 in alleged fees due and owed to Sun Shu, a former independent non-executive director.The trustee-manager said late Thursday (Mar 7) that the former director resigned on Aug 29, 2023, and is seeking his fees for the period from Aug 1 to 29, 2023.It is seeking legal advice over the letter.Sabana Industrial REIT (M1GU): Sabana Industrial real estate investment trust called for a trading halt on Friday morning before the market opened, pending the release of announcements. The counter closed Thursday down 1.4 per cent, or S$0.005, at S$0.36.","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273597911732504,"gmtCreate":1707834160675,"gmtModify":1707837136945,"author":{"id":"4163109490738452","authorId":"4163109490738452","name":"VivekCheechin","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"One, stock wealth","listText":"One, stock wealth","text":"One, stock wealth","images":[{"img":"https://community-static.tradeup.com/news/37cfd4fe026a3b5fc2d4a4d715d78be9"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273597911732504","isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":281931855941944,"gmtCreate":1709859632615,"gmtModify":1709861726433,"author":{"id":"4163109490738452","authorId":"4163109490738452","name":"VivekCheechin","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/281931855941944","repostId":"1106390707","repostType":2,"repost":{"id":"1106390707","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1709859600,"share":"https://www.laohu8.com/m/news/1106390707?lang=&edition=full","pubTime":"2024-03-08 09:00","market":"sg","language":"en","title":"Singapore Stocks to Watch: Jardine Matheson, Hongkong Land, DFI Retail, Mandarin Oriental, Dasin Retail Trus","url":"https://stock-news.laohu8.com/highlight/detail?id=1106390707","media":"TigerNews SG","summary":"The following companies saw new developments that may affect trading of their securities on Friday (Mar 8):Jardine Matheson (J36): Jardine Matheson Holdings on Thursday (Mar 7) posted an underlying ne","content":"<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Friday (Mar 8):</p><p><strong>Jardine Matheson (J36):</strong> Jardine Matheson<strong> </strong>Holdings<strong> </strong>on Thursday (Mar 7) posted an underlying net profit of US$1.66 billion for the financial year 2023, up 5 per cent from underlying earnings of US$1.58 billion in 2022.</p><p style=\"text-align: start;\">The company also noted in a bourse filing that its financials for FY2022 have been restated due to changes in its accounting policies.</p><p style=\"text-align: start;\">Executive chairman Ben Keswick said that the group saw its underlying profit rise to “a new high” in 2023 as many of its businesses benefited from the reopening of markets following the end of the Covid-19 pandemic.</p><p><strong>Hongkong Land (H78):</strong> Property developer<strong> </strong>Hongkong Land<strong> </strong>fell into the red for the financial year ended Dec 31, 2023, posting a full-year loss of US$582.3 million, from a US$202.7 million profit the year before.</p><p style=\"text-align: start;\">Its underlying profit slid by 5 per cent to US$734.2 million, from US$776.1 million the previous year.</p><p style=\"text-align: start;\">The group said that profits from its investment properties grew, mainly due to an improved performance by its luxury retail and Singapore office portfolios, offsetting the reduced contributions from its Hong Kong office portfolio.</p><p><strong>DFI Retail (D01):</strong> DFI Retail Group<strong> </strong>posted underlying earnings of US$154.7 million for the fiscal year ended Dec 31, 2023, up 437 per cent from earnings of US$28.8 million in FY2022.</p><p style=\"text-align: start;\">The group’s net profit for the year stood at US$32.2 million, versus a loss of US$114.6 million in the prior year.</p><p style=\"text-align: start;\">Underlying earnings distinguishes between the group’s ongoing business performance and non-trading items, DFI said in its financial results posted on the bourse on Thursday (Mar 7).</p><p><strong>Mandarin Oriental (M04):</strong> Hotelier Mandarin Oriental International<strong> </strong>posted an underlying profit of US$81 million for FY2023, up from US$7.6 million a year ago. This translates to a full-year underlying profit growth of 966 per cent.</p><p style=\"text-align: start;\">The group’s revenue increased 23 per cent to US$558.1 million, buoyed by the return of Chinese tourists.</p><p style=\"text-align: start;\">The group saw a net loss, however, for FY2023 of US$365.4 million, up from US$49.5 million the year before.</p><p><strong>Dasin Retail Trus (CEDU):</strong> The trustee-manager of Dasin Retail Trust received a letter of demand dated Mar 4 regarding S$99,139.13 in alleged fees due and owed to Sun Shu, a former independent non-executive director.</p><p style=\"text-align: start;\">The trustee-manager said late Thursday (Mar 7) that the former director resigned on Aug 29, 2023, and is seeking his fees for the period from Aug 1 to 29, 2023.</p><p style=\"text-align: start;\">It is seeking legal advice over the letter.</p><p><strong>Sabana Industrial REIT (M1GU):</strong> Sabana Industrial real estate investment trust called for a trading halt on Friday morning before the market opened, pending the release of announcements. The counter closed Thursday down 1.4 per cent, or S$0.005, at S$0.36.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks to Watch: Jardine Matheson, Hongkong Land, DFI Retail, Mandarin Oriental, Dasin Retail Trus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks to Watch: Jardine Matheson, Hongkong Land, DFI Retail, Mandarin Oriental, Dasin Retail Trus\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2024-03-08 09:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Friday (Mar 8):</p><p><strong>Jardine Matheson (J36):</strong> Jardine Matheson<strong> </strong>Holdings<strong> </strong>on Thursday (Mar 7) posted an underlying net profit of US$1.66 billion for the financial year 2023, up 5 per cent from underlying earnings of US$1.58 billion in 2022.</p><p style=\"text-align: start;\">The company also noted in a bourse filing that its financials for FY2022 have been restated due to changes in its accounting policies.</p><p style=\"text-align: start;\">Executive chairman Ben Keswick said that the group saw its underlying profit rise to “a new high” in 2023 as many of its businesses benefited from the reopening of markets following the end of the Covid-19 pandemic.</p><p><strong>Hongkong Land (H78):</strong> Property developer<strong> </strong>Hongkong Land<strong> </strong>fell into the red for the financial year ended Dec 31, 2023, posting a full-year loss of US$582.3 million, from a US$202.7 million profit the year before.</p><p style=\"text-align: start;\">Its underlying profit slid by 5 per cent to US$734.2 million, from US$776.1 million the previous year.</p><p style=\"text-align: start;\">The group said that profits from its investment properties grew, mainly due to an improved performance by its luxury retail and Singapore office portfolios, offsetting the reduced contributions from its Hong Kong office portfolio.</p><p><strong>DFI Retail (D01):</strong> DFI Retail Group<strong> </strong>posted underlying earnings of US$154.7 million for the fiscal year ended Dec 31, 2023, up 437 per cent from earnings of US$28.8 million in FY2022.</p><p style=\"text-align: start;\">The group’s net profit for the year stood at US$32.2 million, versus a loss of US$114.6 million in the prior year.</p><p style=\"text-align: start;\">Underlying earnings distinguishes between the group’s ongoing business performance and non-trading items, DFI said in its financial results posted on the bourse on Thursday (Mar 7).</p><p><strong>Mandarin Oriental (M04):</strong> Hotelier Mandarin Oriental International<strong> </strong>posted an underlying profit of US$81 million for FY2023, up from US$7.6 million a year ago. This translates to a full-year underlying profit growth of 966 per cent.</p><p style=\"text-align: start;\">The group’s revenue increased 23 per cent to US$558.1 million, buoyed by the return of Chinese tourists.</p><p style=\"text-align: start;\">The group saw a net loss, however, for FY2023 of US$365.4 million, up from US$49.5 million the year before.</p><p><strong>Dasin Retail Trus (CEDU):</strong> The trustee-manager of Dasin Retail Trust received a letter of demand dated Mar 4 regarding S$99,139.13 in alleged fees due and owed to Sun Shu, a former independent non-executive director.</p><p style=\"text-align: start;\">The trustee-manager said late Thursday (Mar 7) that the former director resigned on Aug 29, 2023, and is seeking his fees for the period from Aug 1 to 29, 2023.</p><p style=\"text-align: start;\">It is seeking legal advice over the letter.</p><p><strong>Sabana Industrial REIT (M1GU):</strong> Sabana Industrial real estate investment trust called for a trading halt on Friday morning before the market opened, pending the release of announcements. The counter closed Thursday down 1.4 per cent, or S$0.005, at S$0.36.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D01.SI":"牛奶国际控股有限公司","J36.SI":"怡和控股有限公司","H78.SI":"置地控股有限公司","M1GU.SI":"胜宝工业信托","CEDU.SI":"大信商用信托","M04.SI":"文华东方国际有限公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106390707","content_text":"The following companies saw new developments that may affect trading of their securities on Friday (Mar 8):Jardine Matheson (J36): Jardine Matheson Holdings on Thursday (Mar 7) posted an underlying net profit of US$1.66 billion for the financial year 2023, up 5 per cent from underlying earnings of US$1.58 billion in 2022.The company also noted in a bourse filing that its financials for FY2022 have been restated due to changes in its accounting policies.Executive chairman Ben Keswick said that the group saw its underlying profit rise to “a new high” in 2023 as many of its businesses benefited from the reopening of markets following the end of the Covid-19 pandemic.Hongkong Land (H78): Property developer Hongkong Land fell into the red for the financial year ended Dec 31, 2023, posting a full-year loss of US$582.3 million, from a US$202.7 million profit the year before.Its underlying profit slid by 5 per cent to US$734.2 million, from US$776.1 million the previous year.The group said that profits from its investment properties grew, mainly due to an improved performance by its luxury retail and Singapore office portfolios, offsetting the reduced contributions from its Hong Kong office portfolio.DFI Retail (D01): DFI Retail Group posted underlying earnings of US$154.7 million for the fiscal year ended Dec 31, 2023, up 437 per cent from earnings of US$28.8 million in FY2022.The group’s net profit for the year stood at US$32.2 million, versus a loss of US$114.6 million in the prior year.Underlying earnings distinguishes between the group’s ongoing business performance and non-trading items, DFI said in its financial results posted on the bourse on Thursday (Mar 7).Mandarin Oriental (M04): Hotelier Mandarin Oriental International posted an underlying profit of US$81 million for FY2023, up from US$7.6 million a year ago. This translates to a full-year underlying profit growth of 966 per cent.The group’s revenue increased 23 per cent to US$558.1 million, buoyed by the return of Chinese tourists.The group saw a net loss, however, for FY2023 of US$365.4 million, up from US$49.5 million the year before.Dasin Retail Trus (CEDU): The trustee-manager of Dasin Retail Trust received a letter of demand dated Mar 4 regarding S$99,139.13 in alleged fees due and owed to Sun Shu, a former independent non-executive director.The trustee-manager said late Thursday (Mar 7) that the former director resigned on Aug 29, 2023, and is seeking his fees for the period from Aug 1 to 29, 2023.It is seeking legal advice over the letter.Sabana Industrial REIT (M1GU): Sabana Industrial real estate investment trust called for a trading halt on Friday morning before the market opened, pending the release of announcements. The counter closed Thursday down 1.4 per cent, or S$0.005, at S$0.36.","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273597911732504,"gmtCreate":1707834160675,"gmtModify":1707837136945,"author":{"id":"4163109490738452","authorId":"4163109490738452","name":"VivekCheechin","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"One, stock wealth","listText":"One, stock wealth","text":"One, stock wealth","images":[{"img":"https://community-static.tradeup.com/news/37cfd4fe026a3b5fc2d4a4d715d78be9"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273597911732504","isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}