Shares & Derivatives
ParkwayLife Reit – DPU is up 15.1% to 4.44 cents.Gearing 34.2 percent, ICR 8.4x. Gross revenue is down 2.1 percent to 38.2m
By Singapore Stocks Sharing  •  April 30, 2026
Gross Revenue for 1Q 2026 decline by 2.1% to 38.2m mainly due to JPY FX depreciation and lower rental income from the Japan portfolio due to tenant exit affecting five Japan nursing home properties, partially offset by contributions from the Singapore properties. Higher distributable income largely attributed to Singapore hospitals following the cessation of the three-year rent rebates and the rent review formula kicked in1. DPU is up 5% to 4.44 cents. As the REIT has hedged the net income from Japan, the drop in revenue will be compensated by the FX gains from the settlement of the forward contracts DPU Growth Y-o-Y S$38.2 million Higher distributable income largely attributed to Singapore hospitals following the cessation of the three-year rent rebates and the rent review formula kicked in1 As the REIT has hedged the net income from Japan, the drop in revenue will be compensated by the FX gains from the settlement of the forward contracts. Project Renaissance – a S$350 million renewal capital expenditure...
Read the full article
By Singapore Stocks Sharing
All information is just for sharing on https://spore-share.com or https://spore-share.blogspot.com (Trade/Invest base on your own decision). Thank You! For trading, be firmed in executing your stop loss strategy. Also don’t be too eager to take profit to early. Let your profit run. For Investing it is good to read up and educate yourself to know the basic financial analysis. Learn how to identify good company to invest . Pick those company/counter that you are familiar with their business.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published. Required fields are marked *

*

Your Email Address will not be published
*

Read More Articles
More from thefinance