Mapletree Commercial Trust's Q4 DPU up 1.8% to 2.31 Singapore cents
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
MAPLETREE Commercial Trust (MCT) posted a higher distribution per unit (DPU) of 2.31 Singapore cents for the fourth quarter ended March 31, up 1.8 per cent from 2.27 cents a year ago.
Net property income (NPI) rose 3.9 per cent to S$87.56 million on sustained earnings growth from VivoCity and higher gross revenue and NPI from its office properties. Gross revenue was 3.7 per cent higher at S$112.9 million, and income available for distribution was up 3.1 per cent to S$66.86 million.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
