FLT DPU up 0.6% in Q4

Singapore

FRASERS Logistics & Industrial Trust (FLT) has posted a distribution per unit (DPU) of 1.78 Singapore cents in its fiscal fourth quarter, up 0.6 per cent from 1.77 cents in the same period last year.

Revenue in the three months ended Sept 30 was A$60.4 million, up 43.2 per cent. Net property income rose 52.6 per cent to A$49.3 million.