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sunreit 30jun2015 quarter report

investfuture
Publish date: Fri, 14 Aug 2015, 08:27 AM
all about malaysia, singapore reits

sunreit(5176,MYREIT)发布了30jun2015 quarter report,看图下:

revenue上升5.23%,profit上升54.6%,nav per unit上升7.7%,sunreit宣布派息RM2.05cent per unit,ex-date 24aug2015,payment date 10sept2015。派息比2014年同期增加了约莫1%

  2015(RM’000) 2014(RM’000)
revenue 114,937 109,217 +5.23%
profit 363,803 235,210 +54.6%
dividend 2.05 2.03 +0.98%
nav per unit 1.3350 1.2390 +7.7%

sunreit在这季度录得RM306,750 ,000 change in fair value of investment property,这是一项Unrealised profit,由产业重新估值获得,可是单单这项“收入”就占了net profit RM363mil的84%,这是为何sunreit在revnue只增长5.23%下,profit得以增长54.6%

其实,sunreit与过往一样,retail产业强劲成长,office和hotel产业拼命扯后腿,这已经是连续发生了几个季度的事,看图下:

sunreit 30jun2015 property income

若看revenue,retail强劲成长9.2%,奈何hotel和office分别萎缩4.6%与9.3%,other(hospital)成长5.7%。hotel由于疲弱的需求导致业绩下滑,office则是租户搬离。

值得注意的是,sunway putra mall迟至2015年6月才重开,所以说,它的收益仍未完全反映在这季度报告,相信sunreit下季度会更好。

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