Ascendas India Trust has posted a 2% rise in total property income for 2Q FY2009/10 to $ 30.4 million from.
Net property income was $19.2 million or 22% higher while distributable income for 2Q FY2009/10 was $ 14.1 million, a growth of 3% over the same period last year.
DPU for 2Q FY2009/10 was 1.85 cents.
Ascendas Real Estate Investment Trust (A-REIT) has announced a 11.7% y-o-y increase in net property income to $81.1 million for 2Q FY09/10 due to an enlarged portfolio compared to $97.3 million for 2Q FY08/09. Distributable income increased by 15.4% to $61.6 million from a year ago.
However, DPU for the quarter fell 13.2% to 3.48 cents for the quarter from 4.01 cents a year ago.
Mainboard-listed Datapulse Technology, the leading total solution provider of CD and DVD services in the Asia Pacific region, says group revenue for the year ended 31 July 2009 declined 2.3% to $71.6 million from $73.3 million in FY2008 arising from a drop in the revenue of the Taiwan subsidiary.
Datapulse Technology says the revenue of the Taiwan subsidiary declined to $6.7 million from $9 million as a result of weaker demand for media storage products and services in the region. For the Singapore operation, stable revenue was achieved primarily due to new product launches by customers during 1Q FY2009.
CitySpring Infrastructure Trust says it achieved cash earnings of $13.9 million for the first quarter ended 30 June 2009 (1Q FY10). A distribution per unit (DPU) of 1.75 cents has also been declared for the quarter.
City Gas Trust recorded cash earnings of $7.3 million compared to $8.1 million in the corresponding quarter. This was due mainly to the impact of a lower gas tariff although operating expenses for the quarter also declined.
Mainboard-listed creator of ThumbDrive, Trek 2000 International today announced revenues of $13.9 million and net profit after tax of $0.4 million for the quarter ended 30 June 2009 (2Q FY09).
Mainboard-listed Technics Oil and Gas, a full service integrator of compression systems and process modules for the global offshore oil and gas sector, today says group revenue for the 3 months ended June 30 (3Q FY2009) increased 53% y-o-y to $40.24 million from $26.23 million in 3Q FY2008.
The strong revenue recorded for 3Q09 was led by significant project milestone completion. Project works for BW Pioneer Ltd and Bumi Armada Berhad (combined contract value of $52 million) were completed in early July.
Suntec Real Estate Investment Trust has announced a distribution income of $47.7 million for the period April 1 to June 30 June FY09 (2Q FY09), which was 13.5% higher compared to the quarter ended June 30, 2008 (2Q FY08). The DPU of 2.977 cents for the quarter was 6.6% higher year-on-year.
Suntec REIT achieved gross revenue of $64.5 million for the quarter, which was 8.9% higher than in 2Q FY08. For the first half FY09, gross revenue rose 12.4% year-on-year to $129.4 million. This was attributed mainly to higher rents achieved for the Suntec City and Park Mall properties. As at June 30, the committed occupancy for the overall office portfolio stood at 94.8%.
