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CapitaLand Retail China Trust posts 0.8% higher 1H DPU of 5.36 cents

PC Lee
PC Lee • 3 min read
CapitaLand Retail China Trust posts 0.8% higher 1H DPU of 5.36 cents
SINGAPORE (July 27): The manager of CapitaLand Retail China Trust (CRCT) has announced a 2Q17 DPU of 2.62 cents, bringing 1H17 DPU to 5.36 cents which is 0.8% higher than a year ago.
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SINGAPORE (July 27): The manager of CapitaLand Retail China Trust (CRCT) has announced a 2Q17 DPU of 2.62 cents, bringing 1H17 DPU to 5.36 cents which is 0.8% higher than a year ago.

CapitaLand Retail China Trust Management Limited (CRCTML) says it achieved net property income (NPI) of RMB197.7 million for the 2Q ended June, an increase of 16.3% from the RMB169.9 million for the corresponding period last year.

The increase was mainly due to the contribution from CapitaMall Xinnan that was acquired in Sept 2016, partially offset by the additional tax provision for Beijing malls.

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