$CapLand Ascott T(HMN.SI)$
1st quarter gross profit for the first quarter ended March rose 15 per cent year on year, due to contributions from new properties and a stronger operating performance.
Gearing stood at 37.7 per cent, which its managers estimated to translate to about S$2 billion in debt headroom.
Its average interest rate stood at 3 per cent per year with an interest cover of 3.7 times and a weighted average debt to maturity of 3.9 years.
Occupancy rate is about 95%.
Estimating yearly dpu of 5.5 cents. At 90 cents, yield is about 6%.
I think is quite a good yield level!
Pls dyodd.
https://sporeshare.blogspot.com/2024/04/capland-ascott-quarter-gross-profit-for.html
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