SUNREIT summary

Written on 7/11/2017 :

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

Attachments Sunway REIT_1Q2018 Announcement.pdf 353.5 kB

• Default Currency
• Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2017

		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:

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%

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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 30 Sep 2016

		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

(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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