Home Capital Results

Mapletree Greater China Commercial Trust’s 1H DPU rises 3.2% to 3.61 cents

Benjamin Cher
Benjamin Cher10/27/2016 07:18 PM GMT+08  • 2 min read
Mapletree Greater China Commercial Trust’s 1H DPU rises 3.2% to 3.61 cents
SINGAPORE (Oct 27): Mapletree Greater China Commercial Trust (MGCCT) has announced a Distribution Per Unit (DPU) of 3.61 cents for the 1H ended Sept, 3.2% higher than 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 (Oct 27): Mapletree Greater China Commercial Trust (MGCCT) has announced a Distribution Per Unit (DPU) of 3.61 cents for the 1H ended Sept, 3.2% higher than a year ago.

Gross revenue for the half year rose 4.6% to US$168.0 million while Net Property Income rose 3.6% to $136.7 million. Distributable income rose 4.6% to $100.3 million.

2HFY17 saw increases across the board mainly due to contribution from Sandhill Plaza and the resilience of Festival Walk’s performance, according to Cindy Chow, chief executive officer of the manager.

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