CapitaRetail China Trust announced group unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported gross revenue of SGD 39,330,000 against SGD 37,910,000 for the same period a year ago. Net property income was SGD 25,868,000 against SGD 25,410,000 a year ago, mainly due to a stronger SGD against RMB. Total return before taxation was SGD 20,847,000 against SGD 19,925,000 a year ago. Total return for the period after taxation was SGD 15,610,000 against SGD 14,741,000 a year ago. Total return attributable to unit holders was SGD 15,267,000 against SGD 14,490,000 a year ago. Net cash from operating activities was SGD 11,953,000 against SGD 11,706,000 a year ago. Capital expenditure on investment properties was SGD 1,233,000 against SGD 2,194,000 a year ago. Purchase of plant and equipment was SGD 888,000 against SGD 539,000 a year ago. Earnings per fully diluted unit were 2.04 cents against 2.10 cents a year ago. Net asset value per unit was SGD 1.33. Adjusted NAV per unit (excluding distributable income) was SGD 1.31. Net assets attributable to unit holders were SGD 997,519,000. Income available for distribution was SGD 17,340,000 against SGD 16,637,000 a year ago. The company announced impairment charges for the first quarter ended March 31, 2013. For the quarter, the company reported trade receivables written off SGD 1,000 and plant and equipment written off SGD 9,000.

CapitaRetail China Trust announced distribution for the first quarter ended March 31, 2013 of 2.31 cents per unit against 2.41 cents per unit of prior year period.

CapitaRetail China Trust provided sales guidance for the year 2013. For the year, the company's retail sales are expected to grow 14.5%.