CapitaLand Retail China Trust Announces Unaudited Earnings Results for the Quarter and Year Ended December 31, 2018; Reports Plant and Equipment Written Off for the Fourth Quarter of 2018
For the year, gross revenue was SGD 222,739,000 compared to SGD 229,190,000 a year ago. Net property income was SGD 147,423,000 compared to SGD 149,212,000 a year ago. Net income was SGD 117,658,000 compared to SGD 112,996,000 a year ago.
For the fourth quarter of 2018, the company reported plant and equipment written off of SGD 97,000 against SGD 45,000 a year ago.