SINGAPORE: Temasek Holdings on Thursday reported that
the value of its investment portfolio rose to a new record in the last
fiscal year as shareholder returns also climbed.
The Singapore investment firm said its portfolio, consisting largely of Singapore and Asian equities, increased 8.6 per cent to S$215 billion in the year to March 31, 2013, from S$198 billion a year earlier.
Group net profit was down 0.9 per cent at S$10.6 billion from S$10.7 billion in FY 2011/12.
Temasek said in its annual review that a higher contribution from portfolio returns offset lower contributions from its portfolio companies.
Total shareholder return (TSR), which is Temasek's key measure of performance, was 8.86 per cent for the past year, up from 1.5 per cent in the previous 12 months.
Their three-year TSR was 4.94 per cent. Longer term TSRs for 10, 20 and 30 years were 13 per cent, 14 per cent and 15 per cent respectively. The TSR since inception was 16 per cent.
The Singapore investment firm said its portfolio, consisting largely of Singapore and Asian equities, increased 8.6 per cent to S$215 billion in the year to March 31, 2013, from S$198 billion a year earlier.
Group net profit was down 0.9 per cent at S$10.6 billion from S$10.7 billion in FY 2011/12.
Temasek said in its annual review that a higher contribution from portfolio returns offset lower contributions from its portfolio companies.
Total shareholder return (TSR), which is Temasek's key measure of performance, was 8.86 per cent for the past year, up from 1.5 per cent in the previous 12 months.
Their three-year TSR was 4.94 per cent. Longer term TSRs for 10, 20 and 30 years were 13 per cent, 14 per cent and 15 per cent respectively. The TSR since inception was 16 per cent.
- CNA/ac
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