MLT posts 7% fall in Q4 DPU to S$0.01819; eyes up to S$300 million in China asset sales
China assets earmarked for sale are to be offloaded into a planned renminbi fund
Add BT as a preferred source
[SINGAPORE] The manager of Mapletree Logistics Trust (MLT) on Thursday (Apr 30) posted a distribution per unit (DPU) of S$0.01819 for the fourth quarter ended March, down 7 per cent from S$0.01955 in the year-ago period.
This brings total DPU for FY2026 to S$0.07262, down 9.8 per cent year on year. Distribution for Q4 will be paid on Jun 23.
Excluding divestment gains, Q4 DPU would have risen 0.9 per cent from S$0.01803 in the year-ago period, and FY2026 DPU would have dipped 3.4 per cent from S$0.07519 previously.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Strengthening Asean’s economic resilience through RCEP’s 2027 review
How China’s young workers are securing their future even as AI disrupts job market, triggers pay cuts
US-China rivalry and the Kindleberger Trap: Why inaction – not escalation – is the biggest risk
