CITICORE Energy REIT Corp. (CREIT) on Wednesday reported a net income of P300.84 million for the second quarter of the year, more than four times higher than the P65.68 million posted in the same period last year. READ:
In a disclosure to the stock exchange, CREIT said its year-to-date net income hit P601.14 million, or more than six times higher compared with the P89.2 million registered a year ago.
Year to date, CREIT posted gross revenues of P663.58 million, which mainly consisted of lease income from the guaranteed base lease from various solar plant companies. CREIT also declared a cash dividend of P0.044 per share for the second quarter, payable on Sept. 14 to shareholders on record as of Aug. 19.
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