CapitaRetail China Trust (CRCT) released results last Friday, posting double digit growth to revenue, NPI and DPU. Parkway Life REIT posted results today with pretty good results as well. Both of them make up 2% and 4% of my Singapore stock portfolio respectively. CRCT is a REIT which focuses on retail malls in China. I first wrote about CCRT being a undervalued counter last November. Parkway Life REIT, like First REIT, focuses on health care properties, namely hospitals, medical centers and nursing homes in Singapore and Japan.
CapitaRetail China Trust FY 2011 Financial Results
Q4 Revenue increased 18.5% yoy from RMB 153.5 mil to RMB 181.8 mil
Q4 Distributable Income increased 17.1% yoy from RMB 96.9 mil to RMB 113.5 mil
Q4 DPU increased 10.1% yoy from 2.07 to 2.28
FY 2011 Revenue increased 15.6% yoy from RMB ...
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