Tuesday, 17 January 2012

K-Green posts net profit of $16m for FY2011

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.



at

1 comment:

  1. Anonymous18 January 2012 at 13:30:00 GMT+8

    DPU per unit is not 7.82 cents, up from 4.31.

    DPU 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

    ReplyDelete