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• ESR Delivers Stellar Growth with EBITDA and Net Profit up 42.9% and 20.8% to US$549.1 Million and US$245.2 Million, Respectively

Selasa, 24 Maret 2020 07:20:00

ESR Delivers Stellar Growth with EBITDA and Net Profit up 42.9% and 20.8% to US$549.1 Million and US$245.2 Million, Respectively

Revenue up 40.6% to US$357.4 million
Strong balance sheet with US$884.2 million of cash and net debt / total assets of 26.6%
AUM grew by 38.7% to US$22.1 billion, further cementing ESR's position as APAC's largest logistics real estate platform
GFA increased by 42.8% to 17.2 million sqm
  
HONG KONG, - 23 March 2020 - ESR Cayman Limited ("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821), the largest APAC focused logistics real estate platform, today announced its results for the financial year ended 31 December 2019 ("FY2019"). 
 
The Group recorded strong revenue of US$357.4 million in FY2019, up 40.6% from US$254.1 million in FY2018. Net Profiti was US$245.2 million, representing 20.8% growth from US$203.0 million in FY2018. Core PATMI was US$226.7 million, representing a 53.6% increase from US$147.6 million in FY2018. EBITDA achieved a record US$549.1 million, up 42.9% from US$384.2 million in FY2018.  Adjusted EBITDA increased by 49.8% to US$358.9 million in FY2019, compared with US$239.6 million in FY2018. (*).