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Mapletree Industrial Trust posts 2.5% increase in 1Q DPU to 2.92 cents

Samantha Chiew
Samantha Chiew7/25/2017 07:36 PM GMT+08  • 2 min read
Mapletree Industrial Trust posts 2.5% increase in 1Q DPU to 2.92 cents
SINGAPORE (July 25): Mapletree Industrial Trust Management, the manager of Mapletree Industrial Trust (MIT), has declared a DPU of 2.92 cents for 1QFY17/18 ended June, a 2.5% increase from the previous year when it reported a DPU of 2.85 cents.
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SINGAPORE (July 25): Mapletree Industrial Trust Management, the manager of Mapletree Industrial Trust (MIT), has declared a DPU of 2.92 cents for 1QFY17/18 ended June, a 2.5% increase from the previous year when it reported a DPU of 2.85 cents.

Distributable income also increased 2.7% in 1QFY17/18 to $52.9 million from $51.5 million the previous year.

Tham Kuo Wei, Chief Executive Officer of the manager, says “The year-on-year growths in distributable income and DPU were driven mainly by revenue contribution from Phase One of the BTS development for HP.”

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