Quill Capita Trust Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2012; Proposes Dividend Payable on March 12, 2013
For the year, the company reported gross revenue of MYR 69,490,375 against MYR 70,266,494 a year ago. Profit before tax was MYR 40,076,404 against MYR 39,480,017 a year ago. Net income for the period as realised was MYR 34,460,704 or 8.83 sen per unit after manager's fees against MYR 34,321,017 or 8.80 sen per unit after manager's fees a year ago. Total income was MYR 60,540,428 against MYR 60,707,311 a year ago. Net cash flows generated from operating activities were MYR 40,241,193 against MYR 49,836,823 a year ago. Purchase of plant & equipment was MYR 21,900.
The company announced that a final distribution of 4.28 sen per unit is proposed, being income distribution for the period July 1, 2012 to December 31, 2012. The proposed final income distribution has been approved by the Board and the Trustee on January 31, 2013 and will be payable on March 12, 2013.