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Improved earnings prospects to translate into higher valuations for MapletreeLog

Samantha Chiew
Samantha Chiew7/25/2018 11:15 AM GMT+08  • 3 min read
Improved earnings prospects to translate into higher valuations for MapletreeLog
SINGAPORE (July 25): Analysts are remaining positive on Mapletree Logistics Trust (MLT) following the trust’s recent 1Q19 earnings announcement.
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SINGAPORE (July 25): Analysts are remaining positive on Mapletree Logistics Trust (MLT) following the trust’s recent 1Q19 earnings announcement.

MLT recorded a 3.7% rise in 1Q19 DPU to 1.957 cents, compared to 1Q18 DPU of 1.887 cents.

Gross revenue for the quarter was 10.1% higher at $105.4 million from $95.8 million last year, which brought net property income (NPI) to $89.8 million, 11.1% higher than $80.8 million in 1Q18.

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