Cory Diary : FCT 1Q22 Read

This is a post which I decided to do quickly from today FCT business updates result. Not surprisingly Rural Malls are our way of life and the crowds are back. Below is excellent matrix which possibly hints good increase in profitability.

Do note that "The interest coverage ratio is a debt and profitability ratio used to determine how easily a company can pay interest on its outstanding debt. The interest coverage ratio is calculated by dividing a company's earnings before interest and taxes (EBIT) by its interest expense during a given period."

Sales has a new break through and Occupancy at 97.2%.

Looks like my Stake in FCT is still good and safe. In fact getting stronger.

Ok ! Back to House Chores ...

Cory

2022-0126

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