Ascott Reit Q1 2011 Quarterly Earnings Report:
Press Release
Financial Results
Presentation Slides
Key Points
Distribution per unit (DPU) for the period is 2.14 cents.
Ascott Reit’s revenue for first quarter 2011 increased by S$23.8 million or55% to S$67.3 million as compared to first quarter 2010.
Gross profit was correspondingly higher by 81% at S$36.4 million.
The increase in revenue
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