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Croesus Retail Trust Q4 DPU rises to 1.7 cents

This is despite profit falling 21.8% to 4.4b yen

Nisha Ramchandani

Published Fri, Aug 26, 2016 · 09:50 PM

Singapore

CROESUS Retail Trust's distribution per unit (DPU) for the fourth quarter ended June 30, 2016, rose to 1.7 Singapore cents, from 1.59 cents a year ago, as topline was bolstered by contributions from recent acquisitions.

This was despite net profit falling 21.8 per cent to 4.43 billion yen (S$59.7 million), weighed down by fair-value adjustments.

Fair-value gains on investment properties dropped 6.2 per cent to 5.65 bill…

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Companies & Markets

Companies & Markets

Croesus Retail Trust Q4 DPU rises to 1.7 cents

Nisha Ramchandani

Companies & Markets

Meta releases early versions of its Llama 3 AI model

Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

US: Wall St opens higher as some chip stocks bounce back after selloff

Blackstone reports 1% rise in Q1 earnings

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