Home Capital Results

MGCCT 1Q DPU comes in flat at 1.851 cents

Michelle Zhu
Michelle Zhu7/28/2017 6:21 PM GMT+08  • 2 min read
MGCCT 1Q DPU comes in flat at 1.851 cents
SINGAPORE (July 28): The manager of Mapletree Greater China Commercial Trust (MGCCT) has declared a distribution per unit (DPU) of 1.851 cents for 1Q17/18, marginally higher than the 1.85 cents reported in the same period 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 28): The manager of Mapletree Greater China Commercial Trust (MGCCT) has declared a distribution per unit (DPU) of 1.851 cents for 1Q17/18, marginally higher than the 1.85 cents reported in the same period a year ago.

Gross revenue for the quarter grew 4.6% to $88.9 million from $85 million in the previous year on higher revenue contributions from Festival Walk and Gateway Plaza.

Net property income (NPI) grew 3.7% to $72 million compared to $69.4 million in the previous year.

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.