Jinwu Financial News | Yuexiu Real Estate Trust (00405) announced that for the year ended December 31, 2023, each fund unit was allocated HK$0.0924, a decrease of 29.2% over the previous year. The total amount distributed during the period was RMB 410 million (RMB, same below), a year-on-year decrease of 23.2%.
Based on the closing price of the fund order at HK$1.26 (2022: HK$1.97) on 31 December 2023, the yield distributed by each fund unit for the reporting year was approximately 7.33% (2022:6.63%).
During the period, total revenue was recorded at $2,086 billion, up 11.4% year on year, and net property revenue was $1,475 billion, up 8.8% year on year.