Cache Logistics Trust announced unaudited group earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, on group basis, the company reported gross revenue of SGD 29,576,000 against SGD 27,266,000 a year ago. Net property income was SGD 23,520,000 against SGD 21,340,000 a year ago. Net income was SGD 16,755,000 against SGD 13,299,000 a year ago. Total loss for the period before taxation and distribution was SGD 16,057,000 against SGD 31,345,000 a year ago. Total loss for the period after taxation before distribution was SGD 16,386,000 against SGD 31,596,000 a year ago. Net cash from operating activities was SGD 27,228,000 against SGD 20,050,000 a year ago. Purchase of plant and equipment was SGD 118,000 against SGD 263,000 a year ago. Loss per unit for the period based on the fully diluted basis was 1.55 cents against 3.52 cents a year ago. The higher revenue was mainly due to the rental top-up in respect of 51 Alps Ave, subsequent to the legal settlement as announced on 31 October 2017, for the period from 1 September 2016 to 31 December 2017 as well as higher revenue from DSC ARC, Cache Cold Centre and the Australian portfolio. Adjusted earnings per unit for the period based on the weighted average number of units in issued and to be issued was 1.46 cents against 1.45 cents a year ago. For the full year, on group basis, the company reported gross revenue of SGD 111,960,000 against SGD 111,271,000 a year ago. Net property income was SGD 87,291,000 against SGD 88,014,000 a year ago. Net income was SGD 58,042,000 against SGD 57,556,000 a year ago. Total return for the period before taxation and distribution was SGD 25,230,000 against total loss for the period before taxation and distribution of SGD 23,188,000 a year ago. Total return for the period after taxation before distribution was SGD 23,920,000 against total loss for the period after taxation before distribution of SGD 23,970,000 a year ago. Net cash from operating activities was SGD 82,407,000 against SGD 81,296,000 a year ago. Purchase of plant and equipment was SGD 118,000 against SGD 1,173,000 a year ago. Earnings per unit for the period based on the fully diluted basis were 2.45 cents against loss of 2.56 cents a year ago. Adjusted earnings per unit for the period based on the weighted average number of units in issued and to be issued was 5.73 cents against 6.07 cents a year ago. The higher revenue was mainly due to the rental top-up in respect of 51 Alps Ave for the period from 1 September 2016 to 31 December 2017, subsequent to the legal settlement as announced on 31 October 2017 as well as higher revenue from DSC ARC, Cache Cold Centre and the Australian portfolio.