Ascott Reit Q4 2010 Quarterly Earnings Report:
Distribution per unit (DPU) for the period is 2.16 cents.
Ascott Reit’s revenue for 4Q 2010 increased by S$26.7 million to S$72.8 million, an increase of 58% compared to 4Q 2009.
Gross profit was S$39.3 million, 80% higher than 4Q 2009.
The increase in revenue and gross profit were