SUBSCRIBERS
Acquisitions, higher revenue boost MLT's Q2
Published Mon, Oct 23, 2017 · 09:50 PM
Singapore
HIGHER revenue from its Hong Kong properties, four completed acquisitions in Australia, Malaysia and Vietnam in FY17, as well as higher translated revenue from the stronger Australian dollar, lifted results for industrial landlord Mapletree Logistics Trust (MLT) in its second quarter.
Distribution per unit edged up to 1.887 Singapore cent from 1.86 Singapore cent in the preceding year.
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