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)
