FY2017 Annual Report: ESR-REIT profits hit by 91% fall Corporate Wire Date: 20 November 2018 16:35 SGT
ESR-REIT (SI:J91U) reported net profit for the year-ended 31 December 2017 of SGD614,000 ($US459,373), down 91.3% from SGD7.1m ($US4.9m) in the previous year.
Major changes compared with previous year:
- Net tangible assets per share up 10.9% from SGD0.64 (US44c) to SGD0.71 (US53.3c)
- Total Liabilities to Operating Cash Flow of 11.1 compares unfavourably with the Joseph Piotroski benchmark of less...