Investor Presentaiton
Sustained Distribution Growth on Robust Lodging Demand
Adjusted Distribution per Stapled Security (DPS) 1 rose 37% y-o-y in 1H 2023
Revenue
30%
1H 2023
Gross Profit
Total Distribution
▲ 31%
▲26%
y-o-y
to S$346.9 mil
y-o-y
to S$154.4 mil
y-o-y
to S$96.3 mil
DPS
Adjusted DPS1
▲ 19%
y-o-y
to 2.78 cents
▲ 37%
y-o-y
to 2.44 cents
Gross profit grew 31% y-o-y in 1H 2023
1H 2023 revenue and gross profit increased 30% and 31% y-o-y respectively on stronger performance
and contribution from new properties
•
Excluding the contribution from new properties, gross profit was 25% higher y-o-y
Total Distribution and DPS rose 26% and 19% y-o-y respectively mainly due to higher gross profit
•
Adjusted DPS1 was 37% higher y-o-y
Note:
1. Excluding one-off items relating to realised exchange gain arising from repayment of foreign currency bank loans and settlement of cross currency interest rate swaps
CapitaLand Ascott Trust
Details of Distribution
2.778 cents
For the period 1 Jan to 30 Jun 2023
Last Day of Trading on
"cum" basis
2 Aug 2023
Ex-Date
3 Aug 2023
Record Date
4 Aug 2023
Distribution Payment
29 Aug 2023
1H 2023 Financial Results
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