Home Capital Results

Keppel REIT posts 2.1% drop in 2Q DPU to 1.39 cents

Uma Devi
Uma Devi7/15/2019 06:54 PM GMT+08  • 2 min read
Keppel REIT posts 2.1% drop in 2Q DPU to 1.39 cents
SINGAPORE (July 15): The manager of Keppel REIT has declared distribution per unit (DPU) of 1.39 cents for the 2Q19 ended June, some 2.1% lower than DPU of 1.42 cents a year ago.
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.

SINGAPORE (July 15): The manager of Keppel REIT has declared distribution per unit (DPU) of 1.39 cents for the 2Q19 ended June, some 2.1% lower than DPU of 1.42 cents a year ago.

Income available for distribution dipped 2.1% to $47.3 million during the quarter, from $48.3 million in 2Q18.

Property income fell 22.7% to $39.9 million in 2Q19, from $51.7 million a year ago, mainly due to lower one-off income for early surrender of leases.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
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.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now