Friday, October 19, 2007

CapitaMall's Q3 Income Rises 29% To $53m

Source : The Business Times, October 19, 2007

CapitaMall Trust, Singapore's largest property trust by market capitalisation, on Friday posted a 29 per cent increase in quarterly distributable income due to higher returns from its portfolio of shopping malls.

The trust, controlled by developer CapitaLand, said it earned net distributable income of $53.2 million (US$36.44 million) for the three months ended September, higher than the $41.2 million it had earned in the same period last year.

CapitaMall said it would pay unitholders 3.4 Singapore cents per unit for the quarter. -- REUTERS

Related Link -
http://tinyurl.com/264epu
CapitaMall Trust's news release

http://tinyurl.com/2beh23
Financial statement

http://tinyurl.com/29esj9
Presentation slides

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