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CLAS reports 1HFY2023 distribution of 2.78 cents, up 19% y-o-y

The Edge Singapore
The Edge Singapore • 2 min read
CLAS reports 1HFY2023 distribution of 2.78 cents, up 19% y-o-y
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CapitaLand Ascott Trust (CLAS) (SGX:HMN) has reported distribution per securities of 2.78 cents each, up 19% y-o-y, for the 1HFY2023 ended June.

Gross profit, in the same period, was up 31% y-o-y to $154.4 million.

Revenue, meanwhile, was up 30% y-o-y to $346.9 million, thanks to a resumption in travel demand as well as contributions from new acquisitions.

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