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Stocks to watch: CapitaRetail China Trust, AIMS AMP Capital Industrial Reit
THE following counters made announcements after market close on Wednesday evening that could affect trading on Thursday morning:
CapitaRetail China Trust on Thursday posted a distribution per unit (DPU) of 2.48 Singapore cents for the fourth quarter, a 12.7 per cent rise from 2.20 Singapore cents a year ago. Net property income (NPI) grew 30.1 per cent to S$33.5 million, due mainly to a stronger yuan against the Singapore dollar, said the company.
AIMS AMP Capital Industrial Reit on Thursday posted a DPU of 2.83 Singapore cents for the third quarter ended Dec 31, 2014, a 2.2 per cent rise from the previous year's 2.77 Singapore cents. The 9.7 per cent increase in NPI to S$20.5 million was due mainly to rental contribution from completed developments at 103 Defu Lane 10 and Phase 2E of 20 Gul Way, and maiden rental contribution from Phase Three of 20 Gul Way.