Ascendas Hospitality Trust announced unaudited consolidated earnings results for second quarter and six months ended September 30, 2017. For the quarter, the company reported gross revenue of SGD 58,448,000 against SGD 55,555,000 a year ago. Net property income was SGD 24,542,000 against SGD 24,344,000 a year ago. Net profit before tax was SGD 13,466,000 compared to SGD 11,424,000 a year ago. Net profit after tax was SGD 11,562,000 compared to SGD 9,362,000 a year ago. Net profit attributable to unitholders of the company was SGD 11,562,000 compared to SGD 9,362,000 a year ago. Net cash generated from operations was SGD 16,350,000 against SGD 19,866,000 a year ago. Acquisition of property, plant and equipment was SGD 4,228,000 against SGD 2,497,000 a year ago. EPS for the period based on the weighted average number of Stapled Securities in issue was 1.03 cents against 0.84 cents a year ago. Gross revenue increased SGD 2.9 million (5.2%) as compared to the same period a year ago, primarily due to stronger top line performance from Australia portfolio and favourable impact from AUD against SGD. Net property income for the quarter increased SGD 0.2 million (0.8%) over the same period last year due to favourable impact from AUD against SGD. For the six months, the company reported gross revenue of SGD 111,949,000 against SGD 107,919,000 a year ago. Net property income was SGD 46,805,000 against SGD 46,950,000 a year ago. Net profit before tax was SGD 20,672,000 compared to SGD 16,981,000 a year ago. Net profit after tax was SGD 17,452,000 compared to SGD 13,581,000 a year ago. Net profit attributable to Unitholders of the company was SGD 17,452,000 compared to SGD 13,581,000 a year ago. Net cash generated from operations was SGD 35,371,000 against SGD 19,855,000 a year ago. Acquisition of property, plant and equipment was SGD 7,327,000 against SGD 6,306,000 a year ago. EPS for the period based on the weighted average number of Stapled Securities in issue was 1.55 cents against 1.21 cents a year ago. Net asset value per Stapled Security of the Group, based on Stapled Securities in issue and to be issued as on September 30, 2017 was SGD 0.89.