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CacheLog posts 6.9% drop in 2Q DPU to 1.321 cents

Stanislaus Jude Chan
Stanislaus Jude Chan7/25/2019 08:07 AM GMT+08  • 2 min read
CacheLog posts 6.9% drop in 2Q DPU to 1.321 cents
SINGAPORE (July 25): The manager of Cache Logistics Trust has announced a 6.9% drop in distribution per unit (DPU) to 1.321 cents for the 2Q19 ended June, from 1.419 cents a year ago.
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SINGAPORE (July 25): The manager of Cache Logistics Trust has announced a 6.9% drop in distribution per unit (DPU) to 1.321 cents for the 2Q19 ended June, from 1.419 cents a year ago.

Distributable amount to unitholders in 2Q19 amounted to $14.3 million, 6.2% lower compared to the corresponding period last year.

2Q19 gross revenue fell 7.4% to $27.8 million, from $30.0 million a year ago.

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