SUBSCRIBERS
Fortune Reit posts 13% jump in FY2015 DPU
Published Thu, Jan 21, 2016 · 09:50 PM
Singapore
FORTUNE Real Estate Investment Trust (Fortune Reit) on Thursday reported a distribution per unit (DPU) of 46.88 Hong Kong cents (8.62 Singapore cents) for its fiscal year ended Dec 31, 2015.
This was 12.5 per cent higher than the 41.68 cents paid a year ago. Revenue was 13.7 per cent higher at HK$1.88 billion, while net property income also rose 14 per cent to HK$1.32 billion.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Porsche posts Q1 profit drop on ramp-up costs
IBM plots US$730 million expansion of Canadian semiconductor site
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly