I have previously added more of CapitaMall Trust to my stock portfolio in November 2016 which I have blogged about (My Personal Analysis of Capitaland Mall Trust). CapitaMall Trust announces its 4Q 2016 or full year 2016 results on Friday, 20th January 2017. The financial results are within my expectation. When I mean within my expectation, I do not expect CapitaMall Trust to outperform but to be resilient under current economic headwinds.
Here is a quick summary of the 4Q2016 results compared with 4Q2015. Gross revenue fell 6.1% and Net Property Income (“NPI”) fell by 7.6%. Distribution Per Unit (“DPU”) remains flat at 2.88 cents. Read More