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Daiwa House Logistics Trust maintains 2HFY2023 DPU at 2.61 cents

The Edge Singapore
The Edge Singapore • 2 min read
Daiwa House Logistics Trust maintains 2HFY2023 DPU at 2.61 cents
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Daiwa House Logistics Trust has maintained its distribution per unit of 2.61 cents for 2HFY2023, bringing full-year payout to 5.22 cents, up 0.2% versus FY2022. 

Net property income was $22.2 million for 2HFY2023, down 3.3% y-o-y; revenue was down 2.9% in the same period to $28.95 million.

For the full year, DHLT has reported a slightly higher distributable income of $36.4 million despite the weaker yen versus the Singdollar due to realised foreign exchange gain from income hedging.

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