CapitaRetail China Trust's Q3 DPU up 10.3%

Singapore

CAPITARETAIL China Trust (CRCT) on Friday posted a 10.3 per cent increase in its distribution per unit (DPU) to 2.35 Singapore cents for its third quarter ended Sept 30, 2014. Income available for distribution rose 14.1 per cent to S$19.5 million.

Gross revenue rose 30.2 per cent to S$51.4 million, or 32.3 per cent to 253.7 million yuan. The difference in currency terms was due to a weaker yuan against the Singapore dollar. Net property income went up 29.2 per cent to S$32.3 million.