Home Capital Results

CapitaLand Retail China Trust’s 3Q DPU falls 10.6% to 2.36 cents on forex losses

Michelle Zhu
Michelle Zhu10/25/2016 08:27 AM GMT+08  • 2 min read
CapitaLand Retail China Trust’s 3Q DPU falls 10.6% to 2.36 cents on forex losses
SINGAPORE (Oct 25): CapitaLand Retail China Trust (CRCT) posted a 10.6% decline in 3Q distribution per unit (DPU) to 2.36 cents from 2.64 cents the year before.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Oct 25): CapitaLand Retail China Trust (CRCT) posted a 10.6% decline in 3Q distribution per unit (DPU) to 2.36 cents from 2.64 cents the year before.

This brings CRCT’s annualised DPU to 9.39 cents, down 10.3% from a year ago.

Gross revenue for the quarter fell 8.5% to $50.6 million from $55.3 million in 3Q15, a decrease of $4.7 million, due weaker renminbi (RMB) against SGD.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now