SUBSCRIBERS

Mapletree Logistics Trust Q2 DPU falls 1.1%

Anita Gabriel
Published Mon, Oct 19, 2015 · 09:50 PM

Singapore

MAPLETREE Logistics Trust (MLT) posted a 1.1 per cent drop in distribution per unit (DPU) to 1.86 Singapore cents for the second quarter ended September 2015 from 1.88 Singapore cents a year ago.

The lower DPU was led by higher borrowing costs, tax, management fees and absence of distribution from the divestment gain coupled with the enlarged issued unit base due to the Reit's implementation of the distribution reinvestment plan.

Borrowing costs climbed 31 per cent to S$10.5 million over the quarter, mainly du…

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