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Daiwa House Logistics Trust reports 1HFY2022 DPU of 3.09 cents, in line with forecast

Felicia Tan
Felicia Tan8/3/2022 08:54 AM GMT+08  • 2 min read
Daiwa House Logistics Trust reports 1HFY2022 DPU of 3.09 cents, in line with forecast
The DPU will be paid on or around Sept 6. Photo: DHLT
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The manager of Daiwa House Logistics Trust (DHLT) has reported a distribution per unit (DPU) of 3.09 cents for the 1HFY2022 ended June, in line with its pro-rated forecast.

This was despite the lower-than-expected gross revenue of $38.9 million, which was down by 3.6% due to the weaker JPY against the SGD.

Net property income (NPI) for the period also stood 4.5% lower than forecasted at $30.0 million.

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