Frasers Property (formerly: Frasers Cpt (FCL))

[Happymeowmeow]

On a half - year basis, FCL’s revenue and PBIT rose 52% and 28% from the previous corresponding period (“1H FY13/14”) to S$1.5 billion and S$477 million respectively. T he growth was fuelled primarily by residential project completion s in Australia and China , as well as a new stream of contribution from the six hotels acq uired by FHT from the TCC Group . Consequently, a ttributable profit rose 73% year - on - year to S$330 million in 1H FY14/15. This translates to earnings per share 6 (“EPS”) of 7.9 Singapore cents in 1H FY14/15, while net asset value per share (“NAV per Share”) amounted to S$2.20. The Group’s EPS figures reported for 1H FY14/15 and 1H FY13/14 are not comparable as the former are calculated based on FCL’s post - recapita lisation weighted average issued share capital whereas the latter were calculated based on FCL’s pre - recapitalisation weighted average issued share capital 7



earnings up... but EPS dropped a lot to 7.9 cents only... how come????? is it due to the issue of perp securities?