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CapitaLand Mall Trust 1Q DPU comes in flat at 2.73 cents

Michelle Zhu
Michelle Zhu4/20/2017 07:57 PM GMT+08  • 2 min read
CapitaLand Mall Trust 1Q DPU comes in flat at 2.73 cents
SINGAPORE (April 20): The manager of CapitaLand Mall Trust has announced a distribution per unit (DPU) of 2.73 cents for the first quarter ended March 31, unchanged from a year ago.
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SINGAPORE (April 20): The manager of CapitaLand Mall Trust has announced a distribution per unit (DPU) of 2.73 cents for the first quarter ended March 31, unchanged from a year ago.

Distributable income for the quarter rose 0.2% to $97 million from $96.7 million for the same period last year.

The trust saw a 4.3% decline in gross revenue to $172 million from $179.8 million in 1Q16, mainly due to the absence contributions from Funan, as the mall ceased operations for redevelopment from July 1 last year.

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