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FLCT's 2H21 DPU up 6.3% to 3.88 cents; full year DPU up 7.9% to 7.68 cents

Atiqah Mokhtar
Atiqah Mokhtar11/11/2021 8:4 AM GMT+08  • 3 min read
FLCT's 2H21 DPU up 6.3% to 3.88 cents; full year DPU up 7.9% to 7.68 cents
FLCT posted 2HFY21 revenue of $237.6 mil, up 11.4% y-o-y, mainly attributable to acquisitions undertaken in FY20 and FY21.
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Frasers Logistcs & Commercial Trust (FLCT) has achieved a distribution per unit (DPU) of 3.88 cents for the 2HFY2021 ended September, 6.3% higher than 3.65 cents posted the previous year.

This brings FY2021 DPU to 7.68 cents, 7.9% higher y-o-y.

Revenue for the 2HFY2021 came in at $237.6 million, up 11.4% y-o-y, mainly attributable to acquisitions undertaken in FY2020 and FY2021, which was partially offset by divestment activities during the same period, and rental waivers amounting to $1.6 million in FY2021.

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