By CARINE LEE
K-Green Trust on Tuesday posted net profit of $16 million, 7.3 per cent higher than projected for the full year ended December 31, 2011.
Turnover for the year was $90.56 million, which is 17.9 per cent higher than the projection of $76.8 million, due mainly to higher recognition of construction revenue. A year ago, it posted revenues of $65.8 million.
Distribution per unit was 7.82 cents, up from 4.31 cents a year ago.
Posts
SSB 10-year return at 2.97%. Better than T-bills and fixed deposits?
-
What happened? This month, we saw the yield on the 6-month Singapore T-bill
fall to 2.9%. The best fixed deposit rate has also fallen to 2.8%. Hence,
ma...
4 hours ago
DPU per unit is not 7.82 cents, up from 4.31.
ReplyDeleteDPU per unit over the year i.e. trailing twelve months period is 7.82 cents.
Last Year DPU was 4.31 for half year, for comparable period this year, DPU is 4.69.
Cheers