Ascott Residence Trust (Ascott Reit) registered a growth of 30% in Unitholders’ distribution (personally taxable income for investors who own securities in the trust) for the last three months of 2017, to S$43.9 million, compared to the same period in 2016.
For the full year 2017, Unitholders’ distribution hit a record S$152.2 million, a 13% increase over 2016.
On a year-on-year basis, revenue for the last three months of 2017 increased 6% to S$134.5 million while gross profit
for the same quarter also rose 6% to S$61.8 million.
[pdf-embedder url=”https://hub.theasap.org.uk/wp-content/uploads/2018/01/News-Release_Ascott-Reit-FY2017-Results.pdf” title=”News Release_Ascott Reit FY2017 Results”]