Full year 2021 results:
- EPS: S$0.064 (up from S$0.004 loss in FY 2020).
- Revenue: S$216.6m (down 25% from FY 2020).
- Net income: S$241.2m (up S$256.3m from FY 2020).
Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%.Over the next year, revenue is forecast to grow 3.4%, compared to a 9.3% growth forecast for the reits industry in Singapore.
Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.