Dasin Retail Trust's Attributable Loss Widens in Quarter Ended Sept. 30, 2023; Shares Slump 25%

MT Newswires

07/15

Dasin Retail Trust's (SGX:CEDU) attributable loss to unitholders widened to SG$16.1 million for three months ended Sept. 30, 2023 from SG$9.5 million a year earlier, according to a Monday filing with the Singapore Exchange.

Shares of the trust were down over 25% in recent trading.

Loss per share rose to SG$0.0199 compared with SG$0.0117 in the comparable period.

Meanwhile, revenue declined to SG$18.1 million from SG$21.4 million, mainly due to a decrease in revenue from malls.

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