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Thursday, May 5, 2011

PLife Reit Q1 2011 Quarterly Earnings Report

PLife Reit Q1 2011 Quarterly Earnings Report:
Key Points
  • DPU of 2.36 cents for the reporting quarter. 
  • Gross revenue increased 15.2% year-on-year to S$21.5 million.
  • Net property income increased 14.6% year-on-year to S$19.7 million.
  • DPU increased 14.4% year-on-year to 2.36 cents.
  • Well-equipped for continued growth in robust Asia healthcare sector.
  • The Books will close from 5pm on 13 May 2011 for the purpose of determining Unitholders’ entitlement to the distribution. 
  • The distribution will be paid on 8 June 2011.
  • Gearing of 34.3% as at 31 Mar 2011. 
  • NAV per unit of S$1.41 as at 31 Mar 2011.
Author's Note
The DPU for the reporting quarter is 2.36 cents and will be paid on 8 June 2011. Books closure is on 13 May 2011.

The DPU was 2.38 cents in the previous quarter.

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