On back of its acquisitions.
Ascott Residence Trust reported that its gross profit grew 10% year-on-year to $43.1m in the first quarter, due mainly to its slew of acquisitions in 2014.
Revenue grew 12% to $90m, while distributable income inched up 1% to $27m. Distribution per unit was relatively flat at 1.76 cents.
Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.
The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.
If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.
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