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Mapletree delivers record profit of S$1.41b for FY2017

The group's strategy to have global presence and venture into new asset classes pays off
Thursday, June 1, 2017 - 05:50

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Mapletree Logistics Hub Tsing Yi in Hong Kong achieved a high committed occupancy of close to 97 per cent within a year of its completion, allowing the group to generate high returns from the initial development cost.

Singapore

MAPLETREE Investments marked a record net profit for fiscal 2017 ended March 31, showing that its strategy of expanding globally and across new asset classes is paying off.

Against the backdrop of strong recurring earnings, investment and other gains as well as

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