On a same-store basis, excluding acquisitions and divestments, gross profit for the 3QFY2025 fell by 2% y-o-y, while the figure for 9MFY2025 was up by 2% y-o-y.
CapitaLand Ascott Trust (CLAS) has reported a 1% increase in its 3QFY2025 gross profit on a y-o-y basis, although no numbers were mentioned. The increase was attributed to the REIT’s stronger operating performance, portfolio reconstitution and asset enhancement initiatives (AEIs) and offset by the impact of depreciation of foreign currencies against the Singapore dollar (SGD).
For the 9MFY2025, gross profit increased by 4% y-o-y.
