Dasin Retail Trust Q3 revenue drops by 7.5 per cent

Singapore

DASIN Retail Trust's revenue dropped by 7.5 per cent for the third quarter ended Sept 30, 2020, the trustee-manager said in a business update posted on Wednesday.

This was based on revenue in yuan that excluded rental income recognised on a straight-line basis over the lease term.

The change was also calculated on the basis that revenue from Doumen Metro Mall, which was acquired in September 2019, was excluded, and revenue from Shunde Metro Mall and Tanbei Metro Mall, both acquired in July 2020, was excluded from Q3 FY20 tot…

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