Investor Presentaiton
Total Distribution Rose 24% Y-o-Y in 2H 2023
Growth was mainly due to stronger performance and contributions from new properties
2H 2023 gross profit rose to 106% of 2H 2019 pro forma levels¹
101
•
Revenue and gross profit rose 12% in 2H 2023 due to stronger operating performance of the
existing portfolio and contributions from new properties
On a same-store basis, gross profit was 5% higher y-o-y
Increase in revenue mitigated higher operating and financing costs
2H 2023 total distribution rose 24% y-o-y
2H 2023
Distribution per
Stapled Security
3.80 cents*
14% y-o-y
FY 2023
Distribution per
Stapled Security
6.57 cents
16% y-o-y
Note:
*The distribution amount for 2H 2023 includes the advanced distribution of
0.701 cents for the period 1 Jul 2023 to 13 Aug 2023, which was paid on
11 Oct 2023
Details of Distribution
3.095 cents
For the period 14 Aug to 31 Dec 2023
•
DPS increased 14% y-o-y in 2H 2023; excluding one-off items², adjusted DPS was stable
Last Day of Trading on "cum" basis
2 Feb 2024
•
On a full-year basis, DPS increased 16% y-o-y to 6.57 cents; excluding one-off items³,
adjusted DPS was 14% higher
Ex-Date
5 Feb 2024
Record Date
6 Feb 2024
Distribution Payment
29 Feb 2024
Notes:
1.
2.
The combination with Ascendas Hospitality Trust (A-HTRUST) was completed on 31 Dec 2019 and the 2019 pro forma figures include the performance of the A-HTRUST portfolio
Comprising realised exchange gain in 2H 2022 and 2H 2023
3. Comprising realised exchange gain in FY 2022 and FY 2023
CapitaLand Ascott Trust
Investor Presentation
11View entire presentation