阿華講股: Financial Result of ARREIT (as at 30/03/2013)

AMANAHRAYA REAL ESTATE INVESTMENT TRUST

Financial Year End	31/12/2013
Quarter	1
Quarterly report for the financial period ended	31/03/2013
The figures	have not been audited

Currency: Malaysian Ringgit (MYR)

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/03/2013	31/03/2012	31/03/2013	31/03/2012

		$$'000	$$'000	$$'000	$$'000
1	Revenue	16,747	16,622	16,747	16,622
2	Profit/(loss) before tax	11,368	9,688	11,368	9,688
3	Profit/(loss) for the period	11,368	9,688	11,368	9,688
4	Profit/(loss) attributable to ordinary equity holders of the parent	0	0	0	0
5	Basic earnings/(loss) per share (Subunit)	1.98	1.69	1.98	1.69
6	Proposed/Declared dividend per share (Subunit)	1.88	1.81	1.88	1.81
		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 ($$)	1.0553		1.0774

最近心情有點煩躁，鬧心的事也不少，要處理的事也多，有一段時間沒跟進了，唉……

ARREIT的成績算不錯，租金收入上升不多，但盈利上升幅度高達17%，稍微留意了官方得分析，主要應該是這個other property operating expenses大幅降度（大概RM1.6m降低到RM0.3m），但無法得知這個expenses的詳情，就沒辦法做進一步觀察。

基本上ARREIT借貸空間（目前gearing ratio 35%左右），它還是有成長空間的，可惜管理層好像都無色不到好的產業，這一點有點可惜。

由於手上有些閑錢，早前稍作加碼在ARREIT以增加一些被動收入。

以目前市價RM1.03而言，如果每一季租金回饋大同小異，周息率還是有6.6%（net），作爲防禦性定存股還算不錯。

阿華講股