Fortune Reit posts higher DPU of 24.78 HK cents for six months ended June
FORTUNE Real Estate Investment Trust's distribution per unit rose 6 per cent, from 23.38 HK cents for the six months ended June last year, to 24.78 HK cents as income available for distribution rose 6.7 per cent to HK$470.0 million.
Revenue for the half year rose 6.1 per cent from HK$922.6 million to HK$979.1 million while net property income rose 7.9 per cent from HK$654.4 million to HK$705.9 million.
The interim DPU of 24.78 HK cents will be paid on Aug 29, 2016 to unitholders registered as at Aug 8.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Australian inflation boosts case for higher-for-longer rates
Gold edges down as Middle East worries ebb
Tesla could start selling Optimus robots by the end of next year, Musk says
Singapore stocks climb at Wednesday’s open; STI up 0.4%
China knockoff raid jolts a global throng of fake-fashion influencers
Singapore-based Amazon execs feel the brunt of job cuts