Q12018
Quarterly rpt on consolidated results for the financial period ended 30 Sep 2017
| SUNWAY REAL ESTATE INVESTMENT TRUST |
| Financial Year End | 30 Jun 2018 |
| Quarter | 1 Qtr |
| Quarterly report for the financial period ended | 30 Sep 2017 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
| ||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD | ||
30 Sep 2017
|
30 Sep 2016
|
30 Sep 2017
|
30 Sep 2016
| ||
$$'000
|
$$'000
|
$$'000
|
$$'000
| ||
| 1 | Revenue |
141,169
|
128,879
|
141,169
|
128,879
|
| 2 | Profit/(loss) before tax |
79,229
|
64,143
|
79,229
|
64,143
|
| 3 | Profit/(loss) for the period |
79,229
|
64,143
|
79,229
|
64,143
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
79,229
|
64,143
|
79,229
|
64,143
|
| 5 | Basic earnings/(loss) per share (Subunit) |
2.69
|
2.15
|
2.69
|
2.15
|
| 6 | Proposed/Declared dividend per share (Subunit) |
2.67
|
2.27
|
2.67
|
2.27
|
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 ($$) |
1.4074
|
1.4074
| ||
Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
Example for the subunit as follows:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
Revenue : +9.5%
Profit/(loss) before tax : +23.5%
Profit/(loss) for the period : +23.5%
Profit/(loss) attributable to ordinary equity holders of the
parent : +23.5%
Basic earnings/(loss) per share (Subunit) : +25.1%
Proposed/Declared dividend per share (Subunit) : +17.6%Refer to Research Repository : TA Securities research dated 1/11/2017 (Wed) :
1) Realised net profit = RM 78.7mn in Q12018 which is 18% growth YoY.
[ (78,736,000-66,732,000)/66,732,000] x 100%
= 18% YoY.
2) Distribution per unit (DPU) = 2.67sen, which +17.6% YoY.
[ (2.67-2.27)/2.27] x 100%
= 17.6%
This DPU translate to an Annualised distribution yield = 6.2% based on yesterday's closing price, RM 1.72
How to calculate Annualised distribution yield :
From Google : The annualized total is then divided by the NAV to determine the distribution yield. For example, if a fund priced at $20 per share collects 8 cents in interest payments during a month, the interest is multiplied by 12 for an annualized total of 96 cents. Dividing 96 cents by $20 gives a distribution yield of 4.8%.
= (2.67sen x number of quarter / closing price) x 100%
= (0.0267 x 4 / 1.72) x 100%
= 6.2%
************************************************************
Q4 of June 2016 :
21/6/2016 : Bought 1,000 unit of SUNREIT at RM 1.61/unit.
13/9/2016 : Received dividend of total RM 19.89.
1.31sen taxable
0.77sen non taxable
0.04 sen tax exempt
RM 0.013 x 1000 = RM 13.10
RM 0.77 x 1000 = RM 7.70
RM 0.0004 x 1000 = RM 0.40
Taxable at 10% :
Dividend payable
= (RM 13.10 x 0.90) + RM 7.70 + RM 0.40
= RM 11.79 + RM 7.70 + RM 0.40
= RM 19.89
(Date payable : 13th September 2016)
Dividend yield
= RM 19.89/RM 1,610
= 1.24%
Let say all 4 quarters doing the same, distribute the same percentage of dividend,
1.24% x 4 = almost 5% a year which is almost compatible with inflation rate.if not compatible with inflation rate, at least it is greater than putting into FD.
HOORAY for myself of being taken out the first step of involved in share market.
Thought of the day : Being a happy person and creating comfortable future NOW !
Take action NOW!
Praise of the day to myself : Good job and keep it on ^__________^
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Written on 01/11/2016 :
Q1 for Financial Year ended Jun 2017
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
| ||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD | ||
30 Sep 2016
|
30 Sep 2015
|
30 Sep 2016
|
30 Sep 2015
| ||
$$'000
|
$$'000
|
$$'000
|
$$'000
| ||
| 1 | Revenue |
128,879
|
121,216
|
128,879
|
121,216
|
| 2 | Profit/(loss) before tax |
64,143
|
64,513
|
64,143
|
64,513
|
| 3 | Profit/(loss) for the period |
64,143
|
64,513
|
64,143
|
64,513
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
64,143
|
64,513
|
64,143
|
64,513
|
| 5 | Basic earnings/(loss) per share (Subunit) |
2.15
|
2.19
|
2.15
|
2.19
|
| 6 | Proposed/Declared dividend per share (Subunit) |
2.27
|
2.12
|
2.27
|
2.12
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
| ||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.3547
|
1.3549
| ||
Revenue : + 6.32%
Profit/(loss) before tax : -0.57%
Profit/(loss) for the period : -0.57%
Profit/(loss) attributable to ordinary equity holders of the parent : -0.57%
Basic earnings/(loss) per share (Subunit) : -1.83%
Proposed/Declared dividend per share (Subunit) : +7.08%
Net assets per share attributable to ordinary equity holders of the parent ($$) : -0.01%
EntitlementsPrevious1 / 3Next
- 27 Oct 2016Income Distribution
EX-date: 10 Nov 2016
Entitlement date: 14 Nov 2016
Entitlement description: First Income Distribution of 2.27 sen per unit (of which 1.83 sen per unit is taxable and 0.44 sen per unit is non-taxable/tax exempt) for the first quarter ended 30 September 2016.
Summary :
1.83 sen taxable
0.44 sen non-taxable
RM 0.0183 x 1000=RM 18.30
RM 0.0044 x 1000=RM 4.40
Taxable at 10%.
Dividend receivable :
(RM 18.30 x 0.90) + RM 4.40
= RM 16.47 + RM 4.40
= RM 20.87
1.83 sen taxable
0.44 sen non-taxable
RM 0.0183 x 1000=RM 18.30
RM 0.0044 x 1000=RM 4.40
Taxable at 10%.
Dividend receivable :
(RM 18.30 x 0.90) + RM 4.40
= RM 16.47 + RM 4.40
= RM 20.87
(Date payable : 29th November 2016)
Dividend yield by Q1 of 6/2017
= RM 20.87/RM 1,610
= 1.30%
Share price on 1/11/2016 : RM 1.75
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Dividend yield Q4 for June 2016 = 1.24%
Dividend yield Q1 for June 2017 = 1.30%
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