KIPREIT

Quarterly rpt on consolidated results for the financial period ended 31 Dec 2016

Amended Announcements
Please refer to the earlier announcement reference number: FRA-28022017-00020

KIP REAL ESTATE INVESTMENT TRUST

Financial Year End 30 Jun 2017
Quarter 2 Qtr
Quarterly report for the financial period ended 31 Dec 2016
The figures have not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31 Dec 2016

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Dec 2016
31 Dec 2015
31 Dec 2016
31 Dec 2015
$$'000
$$'000
$$'000
$$'000
1 Revenue
15,801
0
31,601
0
2 Profit/(loss) before tax
8,212
0
16,411
0
3 Profit/(loss) for the period
8,212
0
16,411
0
4 Profit/(loss) attributable to ordinary equity holders of the parent
8,212
0
16,411
0
5 Basic earnings/(loss) per share (Subunit)
1.63
0.00
3.25
0.00
6 Proposed/Declared dividend per share (Subunit)
1.63
0.00
3.25
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
1.0100
1.0100

Remarks :
1. There are no actual financial results reported for KIP REIT for the period ended 2nd Quarter as the acquisition of assets were only completed on 6 February 2017, the date of Listing of KIP REIT. 
2. The Pro Forma Financial Position, Pro Forma Statement of Comprehensive Income, Pro Forma Statements of Changes in Equity and Pro Forma Statement of Cash Flow of KIP REIT for 2nd Quarter are compiled for illustrative purposes only.

3. The results above are illustrative, stated on a Pro Forma basis, as if the assets had been acquired at the relevant date , and are derived from the actual performances of the 6 assets which belonged to the respective vendors prior to 6 February 2017.
4. No comparative figures are available as this is the First Interim Financial Report of KIP REIT since it was constituted on 2 November 2016. The acquisitions of the assets by KIP REIT were completed on the listing date on 6 February 2017.

Notes:-
Amendment was made on Basic earnings/(loss) per share and Proposed/Declared dividend per share (subunit). It should be read as 1.63 sen and 3.25 sen respectively.

Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence




Announcement Info

Company Name KIP REAL ESTATE INVESTMENT TRUST
Stock Name KIPREIT
Date Announced 08 Mar 2017
Category Financial Results
Reference Number FRA-08032017-00001