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Mapletree Logistics Trust posts 2.1% rise in 3Q DPU to 2.044 cents on higher revenue

Uma Devi
Uma Devi1/20/2020 9:54 PM GMT+08  • 3 min read
Mapletree Logistics Trust posts 2.1% rise in 3Q DPU to 2.044 cents on higher revenue
The revenue growth was due primarily to higher revenue contributions from existing properties and acquisitions in Australia, South Korea and Vietnam completed in FY18/19 and 3Q19/20.
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SINGAPORE (Jan 21): Mapletree Logistics Trust (MLT) has reported a distribution per unit (DPU) of 2.044 cents for 3Q19/20 ended December, some 2.1% higher than a year ago.

The increase was attributable primarily to higher contributions from existing properties, but was partly offset by the absence of contribution from five properties in Japan divested in 1Q19/20.

MLT’s overall growth was also moderated by the impact of weaker Australian Dollar, Korean Won and Chinese Renminbi.

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