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MCT declares 3.6% higher 1Q DPU of 2.31 cents on higher revenue

Samantha Chiew
Samantha Chiew7/26/2019 12:47 AM GMT+08  • 2 min read
MCT declares 3.6% higher 1Q DPU of 2.31 cents on higher revenue
SINGAPORE (July 26): The manager of Mapletree Commercial Trust (MCT) announced that its DPU for 1Q19/20 ended June has increased by 3.6% to 2.31 cents, compared to 2.23 cents in 1Q18/19.
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SINGAPORE (July 26): The manager of Mapletree Commercial Trust (MCT) announced that its DPU for 1Q19/20 ended June has increased by 3.6% to 2.31 cents, compared to 2.23 cents in 1Q18/19.

This came on the back of a 4.1% increase in income available for distribution to $67.2 million from $64.6 million last year.

Revenue for the period saw a 3.3% increase to $112.1 million from $108.5 million a year ago, with all of the trust’s properties contributing higher revenue, except Mapletree Anson.

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