Home Capital Results

CICT reports more than double NPI of $242.6 mil for 3QFY2021

Felicia Tan
Felicia Tan10/22/2021 08:15 PM GMT+08  • 1 min read
CICT reports more than double NPI of $242.6 mil for 3QFY2021
Revenue for the 3QFY2021 also more than doubled to $329.0 million.
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.

The manager of CapitaLand Integrated Commercial Trust (CICT) has reported revenue of $329.0 million for the 3QFY2021 ended September, more than double revenue of $150.3 million in the 3QFY2020.

Net property income (NPI) during the quarter, too, more than doubled to $242.6 million, from $104.5 million in the corresponding period the year before.

According to the REIT, the enlarged portfolio and 100% contribution from Raffles City Singapore (RCS) boosted its financial performance for year-to-date (y-t-d) September.

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