CDL Hospitality Trusts reported unaudited consolidated earnings results for fourth quarter and year ended December 31, 2016. For the quarter, the company’s gross rental revenue was SGD 48,326,000 against SGD 50,113,000 a year ago. Net property income was SGD 37,694,000 against SGD 37,805,000 a year ago. Net loss before tax was SGD 13,021,000 against SGD 15,993,000 a year ago. Total loss/total comprehensive loss for the period was SGD 12,035,000 against SGD 14,712,000 a year ago. Net cash generated from operating activities was SGD 37,558,000 against SGD 37,485,000 a year ago. Capital expenditure on investment properties was SGD 2,493,000 against SGD 3,190,000 a year ago. Addition of property, plant and equipment and prepaid land lease was SGD 2,812,000 against SGD 119,000 a year ago. For the year, the company’s gross rental revenue was SGD 180,857,000 against SGD 172,410,000 a year ago. Net property income was SGD 137,560,000 against SGD 137,003,000 a year ago. Net income before tax was SGD 50,346,000 against SGD 51,565,000 a year ago. Total return/total comprehensive income for the period was SGD 49,332,000 against SGD 50,691,000 a year ago. Net cash generated from operating activities was SGD 133,471,000 against SGD 131,199,000 a year ago. Capital expenditure on investment properties was SGD 14,204,000 against SGD 15,466,000 a year ago. Addition of property, plant and equipment and prepaid land lease was SGD 3,994,000 against SGD 2,304,000 a year ago. Net asset value per stapled security as at December 31, 2016 was SGD 1.5513 against SGD 1.5830 as on December 31, 2015.