KIPREIT

Quarterly rpt on consolidated results for the financial period ended 30 Sep 2017

Amended Announcements
Please refer to the earlier announcement reference number: FRA-26102017-00016

KIP REAL ESTATE INVESTMENT TRUST

Financial Year End 30 Jun 2018
Quarter 1 Qtr
Quarterly report for the financial period ended 30 Sep 2017
The figures have not been audited

Attachments

1st Quarter_Announcement_2018.pdf
61.4 kB

Notes to Financial Statement_Sep17_Amended version.pdf
611.5 kB


Remarks : 
With reference to the announcement made on 30 October 2017, the following have been amended:

1) Net assets per share attributable to ordinary equity holders of the parent as at preceding financial year end is 0.9982.

2) The Notes to the Unaudited Condensed Financial Statements for the 1st Quarter FY 2018 ended 30 September 2017 should read as follows:-

Note B3  PROSPECTS
Paragraph 1 : 
"The retail business in Malaysia will continue to remain challenging for the remainder of 2017 as consumer confidence has yet to recover from the current sluggish economy."

Note B5 PORTFOLIO COMPOSITION
"During the financial period under review, the portfolio of KIP REIT consists of six (6) investment properties, 5 community-centric retail centres and a neighbourhood shopping mall."
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2017

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2017
30 Sep 2016
30 Sep 2017
30 Sep 2016
$$'000
$$'000
$$'000
$$'000
1 Revenue
15,301
0
15,301
0
2 Profit/(loss) before tax
7,611
0
7,611
0
3 Profit/(loss) for the period
7,611
0
7,611
0
4 Profit/(loss) attributable to ordinary equity holders of the parent
7,611
0
7,611
0
5 Basic earnings/(loss) per share (Subunit)
1.51
0.00
1.51
0.00
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
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 ($$)
0.9942
0.9982

Remarks : 
1) KIP REIT was established on 2 November 2016 and was listed on the Main Board of Bursa Malaysia Securities Berhad on 6 February 2017.

2) The actual results reported for the current 1st quarter of 2018 (1 July 2017 to 30 September 2017) and the cumulative period ended 30 September 2017.

3) There were no comparative figures available for the 1st Quarter of 2018 financial report ended 30 September 2017 as the acquisition of the properties were completed on 6 February 2017, the date of listing of KIP REIT.

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 02 Nov 2017
Category Financial Results
Reference Number FRA-02112017-00001


View original report