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Embassy REIT Q4 net down 19% at ₹46.75 crore - The Hindu BusinessLine


April 30, 2021
Declares distribution of ₹5.6 per unit
Embassy Office Parks REIT (Embassy REIT) has posted a net profit of ₹46.75 crore, which is 19 per cent lower than the previous year s profit of ₹57.80 crore recorded in the same period.
The company’s income is higher by 31.98 per cent to ₹770.28 crore (₹583.59 crore). EPS for the quarter stood at ₹0.49 compared with ₹0.75 posted last year.
Distribution per Unit
The Board of Directors of Embassy Office Parks Management Services Private Limited, manager to Embassy REIT, has declared a distribution of ₹530.80 crore or ₹5.6 per unit for 4Q FY2021. The cumulative distribution for FY2021 totals ₹1,836.40 crore or ₹21.48 per unit, which is on target with the guidance issued earlier by management. The record date for the 4Q FY2021 distribution is May 7, 2021 and the distribution will be paid on or before May 14, 2021. ....

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Republic Cement expects strong growth in the Philippines


Republic Cement expects strong growth in the Philippines
Written by Global Cement staff
30 April 2021
Philippines: Republic Cement has said that it expects the cement sector in the Philippines to grow strongly in 2021 following a 10% decline in demand in 2020. Speaking to local press, the company’s president and chief executive officer Nabil Francis said that the drop in demand in 2020 was actually less severe than the expected 15%. He added, “We strongly believe that we will get back to 2019 level in 2021. That means 12% growth compared to 2020.” Francis added that the industry is expected to sell 35Mt of cement during 2021. The main driver is the bagged cement segment, with infrastructure and the non-residential, likely to grow less rapidly. ....

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FP 1 MotoGP Jerez 2021 : Marquez Melesat

FP 1 MotoGP Jerez 2021 : Marquez Melesat
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