Home Capital Results

Mapletree Investments full-year earnings hit record high of $1.4 bil

Michelle Zhu
Michelle Zhu5/31/2017 3:40 PM GMT+08  • 2 min read
Mapletree Investments full-year earnings hit record high of $1.4 bil
SINGAPORE (May 31): Mapletree Investments announced record earnings of $1.4 billion for FY16/17, up 46.5% compared FY14/15.
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 (May 31): Mapletree Investments announced record earnings of $1.4 billion for FY16/17, up 46.5% compared FY14/15.

This came on the back of strong recurring earnings, investment and other gains, as well as revaluation gains.

Revenue for the full year rose 23.9% to $2,328.8 million, driven by earnings from the group’s acquisitions in Vietnam, US, UK, and Australia; the completion of properties previously under development, such as Mapletree Business City II in Singapore and Mapletree Logistics Hub Tsing Yi in Hong Kong SAR; as well as contributions from the group’s four managed real estate investment trusts (REITs).

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.