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Cache Logistics Trust posts 11% drop in 3Q DPU to 1.313 cents on lower revenue

Stanislaus Jude Chan
Stanislaus Jude Chan • 2 min read
Cache Logistics Trust posts 11% drop in 3Q DPU to 1.313 cents on lower revenue
SINGAPORE (Oct 25): The manager of Cache Logistics Trust has announced distribution per unit (DPU) of 1.313 cents for the 3Q19 ended September, some 11.0% lower than DPU of 1.475 cents in 3Q18.
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SINGAPORE (Oct 25): The manager of Cache Logistics Trust has announced distribution per unit (DPU) of 1.313 cents for the 3Q19 ended September, some 11.0% lower than DPU of 1.475 cents in 3Q18.

Distributable income fell 10.4% to $14.2 million during the quarter, from $15.9 million a year ago.

3Q19 gross revenue dropped 12.0% to $27.7 million, from $31.5 million a year ago.

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