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Lippo Malls Indonesia Retail Trust's DPU dips 43% in Q3

Published Fri, Nov 9, 2018 · 09:50 PM

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Singapore

LIPPO Malls Indonesia Retail Trust (LMIRT) has posted a distribution per unit (DPU) of 0.49 cent in the third quarter, down 43 per cent from the same period a year earlier, on the back of higher operating expenses and a weak rupiah.

The Indonesia rupiah had weakened 9.4 per cent against the Singapore dollar since a year ago.

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