SEO Version
INTRODUCTION
I am pleased to present the results for Treasury China Trust (“TCT”) for the year
ending 31 December 2011, which reflects the first full year reporting cycle since
our listing in Singapore in June 2010.
2011 has witnessed a strong operating performance for TCT with revenues
increasing sequentially quarter-on-quarter, registering total income for the group
of RMB476.08 million for the 12 months ending 31 December 2011 against
the published forecast of RMB475.13 million and Core Portfolio committed
occupancy at 97.80%. Of equal importance the second half of 2011 registered
annualised income of more than RMB500 million from operating activities for
the first time in TCT’s near 5 year history and provides confidence as to annual
revenue growth for the 2012 year ahead.
Mr. Richard Barrett
Chairman
Chairman’s Statement
05
SAR1112034_TCT_AR_().indb 05
3/23/2012
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