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FY2017 Annual Report: CapitaRetail China Trust Net Profit up 35.7% Corporate Wire Date: 20 November 2018 16:35 SGT

Nov 20, 2018 - News Bites - Asia: Singapore

SINGAPOREAN RESULTS

CapitaRetail China Trust (SI:AU8U) reported net profit for the year-ended 31 December 2017 of SGD145m ($US108m), up 35.7% from SGD107m ($US73.7m) in the previous year.

Major changes compared with previous year:

Favourable Changes:

- Net tangible assets per share up 3.6% from SGD1.69 ($US1.2) to SGD1.75 ($US1.3)

- Total current assets to Total Assets up from 5% to 7%

- Current ratio up 76.9% from 0.1 to 0.2

- Total liabilities to Total...