Frasers Commercial Trust announced unaudited consolidated earnings results for the second quarter and six months ended March 31, 2018. For the quarter, the company reported gross revenue of SGD 33,014,000 compared to SGD 40,240,000 a year ago. Net property income was SGD 22,432,000 compared to SGD 30,020,000 a year ago. The decrease was mainly due to lower occupancy rate for China Square Central, Alexandra Technopark, Central Park, 55 Market Street and 357 Collins Street; higher repair and maintenance works at Caroline Chisholm Centre; effects of the average weaker Australian dollar during second quarter of 2018 as compared to second quarter of 2017 on the income from Australian properties; and absence of the one-off payment in relation to a termination of lease in Central Park which was received in second quarter of 2017. Interest income was SGD 48,000 compared to SGD 83,000 a year ago. Total return before tax was SGD 11,621,000 compared to SGD 20,304,000 a year ago. Total return for the period was SGD 11,333,000 or 1.32 cents per basic share compared to SGD 19,224,000 or 2.41 cents per basic share a year ago. Net cash generated from operating activities was SGD 33,089,000 compared to SGD 12,252,000 a year ago. Capital expenditure on investment properties was SGD 27,450,000 compared to SGD 785,000 a year ago. For the six months, the company reported gross revenue of SGD 68,335,000 compared to SGD 79,919,000 a year ago. Net property income was SGD 47,290,000 compared to SGD 59,232,000 a year ago. The decrease was mainly due to lower occupancy rate for China Square Central, Alexandra Technopark, Central Park, 55 Market Street and 357 Collins Street; higher repair and maintenance works at Caroline Chisholm Centre; effects of the average weaker Australian dollar during first half of 2018 as compared to first half of 2017 on the income from Australian properties; and absence of the one-off payment in relation to a termination of lease in Central Park which was received in second quarter of 2017. Interest income was SGD 141,000 compared to SGD 217,000 a year ago. Total return before tax was SGD 25,847,000 compared to SGD 40,263,000 a year ago. Total return for the period was SGD 24,535,000 or 2.95 cents per basic share compared to SGD 37,960,000 or 4.77 cents per basic share a year ago. Net cash generated from operating activities was SGD 44,487,000 compared to SGD 34,319,000 a year ago. Capital expenditure on investment properties was SGD 33,101,000 compared to SGD 1,454,000 a year ago.