Brief: Yuexiu REIT Posts FY Profit After Tax RMB 940.4 Mln

Yuexiu Real Estate Investment Trust

05/03/2020 09:31

March 5 (Reuters) - Yuexiu Real Estate Investment Trust
 0405.HK :
    * FY NET PROPERTY INCOME RMB1.49 BLN VS RMB1.47 BLN
    * FY PROFIT AFTER TAX RMB 940.4 MLN VS RMB 966.5 MILLION 
    * FY DISTRIBUTION PER UNIT HK$0.2712
    * YUEXIU REIT- DUE TO COVID-19, RENTAL CONCESSIONS WILL BE
OFFERED
ON CASE-BY-CASE BASIS TO TENANTS OF WHOLESALE & RETAIL MALL &
OFFICES BY CO
    * YUEXIU REIT- IN 2020, DUE TO COVID-19, COST CONTROL
MEASURES,
SUBJECT TO HOTEL SITUATION, WILL BE ADOPTED TO OPTIMIZE COST
SAVINGS

Source text for Eikon:  ID:nHKS6NN8g4 
Further company coverage:  0405.HK 

 ((Reuters.Briefs@thomsonreuters.com;))