Lippo Malls Q1 DPU grows 16.2% with boost from new mall
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Singapore
LIPPO Malls Indonesia Retail Trust's first-quarter distribution per unit (DPU) rose 16.2 per cent to 0.79 Singapore cent as it enjoyed a full quarter of contribution from a Jakarta shopping centre.
Distributable income increased 28.4 per cent to S$21.5 million during the quarter as net property income grew 25.6 per cent to S$39 million.
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