Overview The company is committed to building a clean energy-centric business portfolio, spanning four key sectors: Energy Development, Energy Equipment, Energy Services, and Energy Applications. In Energy Development, the company focuses on in-depth localized clean energy resource development and management. This empowers regional energy structure optimization and delivers efficient, secure energy asset management services. In Energy Equipment, adhering to stringent intelligent manufacturing quality control standards and a green supply chain management system, the company provides smarter, more reliable, and cost-effective...
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• Revenue and DPU were in line with expectations
• Tightening of capitalisation rates, offset by lower rental outlook
• Australia portfolio contributed positively, mitigating transitional weakness in Singapore
• Maintain Neutral; unchanged target price of $0.75