Home Capital Results

First REIT's 2Q DPU plunge by 79.5% to 0.44 cents

Lim Hui Jie
Lim Hui Jie7/23/2020 10:11 AM GMT+08  • 2 min read
First REIT's 2Q DPU plunge by 79.5% to 0.44 cents
First REIT posts 79.5% plunge in 2Q DPU of 0.44 cent
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

The manager of First REIT today announced a distribution per unit (DPU) of 0.44 cent for 2Q20 ended June, a 79.5% plunge from the 2.15 cents reported last year.

This brings DPU for 1H20 to 2.3 cents, which represents a 46.5% decline from the 4.3 cents in 1H19.

Distributable income for 2Q20 was $3.5 million, which brings the distributable income for 1H20 to $18.4 million, representing a 46% decline y-o-y.

Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.