Financial Result of ARREIT (as at 30/06/2012)

SUMMARY OF KEY FINANCIAL INFORMATION 30/06/2012

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/06/2012	30/06/2011	30/06/2012	30/06/2011
		$$'000	$$'000	$$'000	$$'000
1	Revenue	16,678	16,367	33,300	32,730
2	Profit/(loss) before tax	10,224	10,903	19,912	21,837
3	Profit/(loss) for the period	10,224	10,903	19,912	21,837
4	Profit/(loss) attributable to ordinary equity holders of the parent	0	0	0	0
5	Basic earnings/(loss) per share (Subunit)	1.78	1.90	3.47	3.81
6	Proposed/Declared dividend per share (Subunit)	1.80	1.81	3.61	3.62
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.0493		1.0475

當初買進ARREIT的初衷，就是把它當有6-7%回酬的定存。而它也算是稱職，就單單給這個額量的回酬罷了。但我是貪心的，看到沒有成長還是挺讓人沮喪的，呵呵…… Orz...

賬面分析，ARREIT的Revenue是有少少的增長，接近2%，但Property / Non-property Expenses增長幅度接近18%，差距有點大，導致淨利也有小小幅度的下跌。或許管理層必須在租金的調整上動一動腦筋了。

結論：ARREIT還算是個稱職的現金牛，規模小，發展有限（以Gearing ratio = Interest bearing liabilities / Total assets來計算，接近41%了），風險也相對低，算是個滿穩定的避風港吧。就繼續讓小部分資金在ARREIT這邊滾算了。

“Second Interim Income Distribution of 1.8000 sen per ARREIT unit (taxable of 1.7650 sen per unit and tax-exempt of 0.0350 sen per unit) for the financial period ended 30 June 2012.” Net income distribution per unit = RM0.016235，10月8號派出~~