M1 Q3 net profit falls 5.5% amid higher acquisition, retention costs Fixed service revenue growth and handset sales nudged M1's top line upwards in the third quarter, but earnings still slipped on higher costs.

OUE Lippo Healthcare is expected to report a net loss for the third quarter, based on a preliminary assessment of its unaudited financial results, the board warned in a profit guidance on Wednesday.

Mapletree Commercial Trust's second-quarter distribution per unit was 1.3 per cent higher at 2.27 Singapore cents, up from 2.24 cents a year ago. Gross revenue for the three months ended Sept 30 rose 2.5 per cent to S$109.92 million while net property income was up 2.2 per cent to S$86.26 million

Frasers Centrepoint Trust posted a 3.6 per cent dip in distribution per unit to 2.862 Singapore cents for its fourth fiscal quarter, compared to the 2.97 Singapore cents a year ago.For the 2018 financial year overall, FCT posted a 1 per cent rise in DPU to 12.015 Singapore cents. For the quarter, net property income fell 4.9 per cent to S$32.88 million, while gross revenue eased 0.5 per cent to S$48.51 million

Capitaland Mall Trust has posted a third-quarter distribution per unit (DPU) of 2.92 Singapore cents, up 5 per cent from the same period a year earlier. Gross revenue for the three months to Sept 30 was S$170.5 million, up 0.7 per cent from the same period a year earlier. Net property income rose 1.1 per cent to S$122.7 million. Distributable income rose 4.9 per cent to S$103.5 million.

Yanlord Land Group has invested in a private home project in China through a wholly owned subsidiary, it said on Wednesday. Its Nanjing Renyuan Investment unit paid 450 million yuan (S$89.4 million) for a 30 per cent stake in the project company behind a residential project in the eastern city of Suzhou.

The site has a gross floor area of 141,864 square metres (1.53 million square feet), with a maximum plot ratio of 2.5.

Source: CNBC, Bloomberg, Reuters, Business Times, Phillip Securities Research