In its announcement dated Oct 24, MPACT announced 2QFY2025 revenue of $255.6 million and net property income (NPI) of $167.7 million, representing a 6.1% y-o-y and 8.5% decline, respectively. MPACT’s 2QFY2025 DPU fell 12% y-o-y to 1.98 cents.
DBS Group Research and Citi Research and CGS International have maintained their “buy” call on Mapletree Pan Asia Commercial Trust (SGX:N2IU
) (MPACT). Citi has a target price of $1.47, while DBS has upgraded target price to $1.80 from $1.75 previously. CGS International has downgraded its target price to $1.53, from $1.66 previously.
The analysts note that MPACT had mixed performance in 2QFY2025, ended Sept 30.
