Ascendas Hospitality Trust announced unaudited consolidated earnings results for the fourth quarter and full year ended March 31, 2018. For the quarter, the company reported gross revenue of SGD 49,733,000 against SGD 52,864,000 a year ago. Net property income was SGD 21,960,000 against SGD 24,132,000 a year ago. Profit before tax from continuing operations was SGD 34,497,000 against SGD 18,918,000 a year ago. Profit from continuing operations, net of tax was SGD 28,819,000 against SGD 16,261,000 a year ago. Profit attributable to Stapled Securityholders of the Trust was SGD 30,185,000 against SGD 16,982,000 a year ago. Net cash generated from operating activities was SGD 19,440,000 against SGD 12,565,000 a year ago. Acquisition of property, plant and equipment was SGD 3,190,000 against SGD 2,467,000 a year ago. EPS from continuing operations was 2.67 cents against 1.45 cents a year ago. Gross revenue and net property income (NPI) decreased SGD 2.7 million (4.6%) and SGD 2.1 million (8.0%) respectively as compared to the same period previous year, mainly due to weaker performance of the Australia and Japan portfolios. For the year, the company reported gross revenue of SGD 203,259,000 against SGD 203,634,000 a year ago. Net property income was SGD 87,225,000 against SGD 91,224,000 a year ago. Profit before tax from continuing operations was SGD 27,085,000 against SGD 52,386,000 a year ago. Profit from continuing operations, net of tax was SGD 17,278,000 against SGD 45,087,000 a year ago. Profit attributable to Stapled Securityholders of the Trust was SGD 21,302,000 against SGD 48,540,000 a year ago. Net cash generated from operating activities was SGD 72,724,000 against SGD 50,896,000 a year ago. Acquisition of property, plant and equipment was SGD 13,007,000 against SGD 10,354,000 a year ago. EPS from continuing operations was 1.53 cents against 4.02 cents a year ago. Net asset value per Stapled Security of the Group, based on Stapled Securities in issue and to be issued at end of the period as at March 31, 2018 was 0.92.