SUBSCRIBERS

Cache Logistics Trust's DPU for first quarter down 5%

Dip is primarily due to an enlarged units base

Mindy Tan
Published Fri, Apr 22, 2016 · 09:50 PM
Share this article.

Singapore

CACHE Logistics Trust posted a distribution per unit (DPU) of 2.039 Singapore cents for the first quarter ended March, down 5 per cent from a year ago. Distributable income was S$18.2 million, up 8.6 per cent year-on-year. The dip in DPU was primarily due to an enlarged units base.

For the quarter under review, gross revenue increased 32.7 per cent year-on-year to S$27.9 million while net property income (NPI) rose 12.0 per cent to S$22.05…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here