CapitaRetail China Trust’s Q1 DPU at 2.14 cents

CapitaRetail China Trust said its first-quarter distribution per unit stood at 2.14 cents.

This was unchanged from a year ago but up almost five per cent from the previous quarter.

Distributable income in the three months ended March 31 edged up 0.26 per cent on-year to S$13.34 million.

CapitaRetail China Trust said the higher revenue is due to higher rental at Xinwu Mall and contribution from Beijing Hualian Supermarket at Xizhimen Mall.

Source : Channel NewsAsia – 23 Apr 2010

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