Forterra Trust sinks into the red in Q3
FORTERRA Trust sank to a net loss of $2.3 million for the third quarter ended Sept 30, 2013, from a $8.8 million net profit a year ago.
The loss attributable to unit-holders translated to loss per unit of 0.9 cent, against earnings per unit of 3.5 cents a year earlier.
Its divestment of Central Plaza in May, as well as the moving out of retail tenants for the refurbishment of its flagship project in Shanghai, The HQ, led gross revenue to fa…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Telegram messaging service to allow Tether stablecoin payments
Hong Kong regulator to probe PwC auditing role over Evergrande
US: S&P, Dow open flat as Middle East jitters ease, Netflix weighs on Nasdaq
DBS puts 46 retail units, HDB shops on market for S$210 million
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade