moderator

Stock Analysis  - 
 
#SPHREIT -
OCBC Investment 2017-01-12: No surprises in 1QFY17.

SPH REIT reported an in-line set of 1QFY17 results. Gross revenue increased 0.9% YoY to S$52.6m and formed 24.3% of our FY17 forecast.
Although income available for distribution grew 3.0% YoY to S$36.4m, DPU only rose 0.8% to 1.34 S cents, as S$2.2m of taxable income available for distribution was retained, implying a distribution payout ratio of 94.0% for the quarter.

#AnalystReport #SGinvestors
SPH REIT - OCBC Investment 2017-01-12: No surprises in 1QFY17. SPH REIT reported an in-line set of 1QFY17 results. Gross revenue increased 0.9% YoY to S$52.6m and formed 24.3% of our FY17 forecast. Although income available ...
1
Add a comment...