PSA: Temasek’s Preliminary Portfolio Performance
Temasek has just announced its preliminary portfolio performance for its last financial year (ending 31 March 2020). Do note that the final audited, annual consolidated group financials and portfolio performance for the year will only be released in September. Here are some take away from this announcement.Portfolio Value of S$306 Billion
Temasek reports a preliminary net portfolio value (NPV) of S$306 billion as at 31 March 2020.
We see a slight decrease in One-Year Total Shareholder Return (TSR) of 2.3%, which seems reasonable for such a climate. Most people would have expected a worse result.
Do note that TSR takes into account all dividends distributed to the shareholder, less any capital injections.