Shares & Derivatives
CapitaCommercial Trust 1Q2012 results
By The Journalist  •  April 20, 2012
Tags

CapitaCommercial Trust, , SGX

CapitaCommercial Trust 1Q2012 results

by The Journalist on April 20, 2012

CCT had just posted their 1Q2012 financial results. Six Battery Road (one of their property) was badly battered with gross revenue for the property dropping to $12mil as compared to $16.2mil in 1Q2011. Net property income for Six Battery Road dropped to $10.6mil as compared to $12.4mil in 1Q2011. The bad result, however, is offset by the increase  in net property income for other properties.

Some quick numbers from CCT’s results:

  • Gross revenue – $87.4mil (3.9% drop y-o-y)
  • Net property income  - $69.9mil (same y-o-y)
  • Distributable income – $53.9mil (3.4% increase y-o-y)
  • DPU for the quarter – 1.90 cents (3.3% increase y-o-y)

Click here for the entire 1Q2012 unaudited financial statement.

Related Posts Plugin for WordPress, Blogger...

This entry passed through ...

...
Read the full article
By The Journalist
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles