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Smart Reads of the Week: DBS Group, Mapletree Logistics Trust and iFAST Corporation
By The Smart Investor  •  May 5, 2024
As the earnings season rolls on, we dived deep into DBS Group’s (SGX: D05) first quarter 2024 financials. The bank pulled off a strong performance as both its total income and net profit hit new records. Meanwhile, we looked closely at Mapletree Logistics Trust’s (SGX: M44U), or MLT, latest full-year earnings. Although the industrial REIT saw its distribution per unit dip slightly year on year, its operating metrics remained robust. Over at iFAST Corporation Limited (SGX: AIY), net profit for the quarter soared more than fourfold year on year. The fintech recognised revenue and profits from its Hong Kong ePension project and made progress with its UK digital bank. Here is a list of our top articles for this week.
  1. DBS Reports Record Profit of S$2.96 Billion and Ups Interim Dividend by 42%: 5 Highlights from the Bank’s 1Q 2024 Earnings
Singapore’s largest bank once again reported strong earnings and upped its dividend year on year....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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