Similarly, distributable income for the full year fell by 12.1% y-o-y to $224.7 million due to higher finance costs and tax expense, but offset by 69.8% of FY2025’s management fees payable in units, compared to 49.7% in FY2024.
Frasers Logistics & Commercial Trust (FLCT) has reported a distribution per unit (DPU) of 2.95 cents, 11.1% lower y-o-y for the 2HFY2025. This brings the trust’s full year DPU to 5.95 cents, 12.5% lower y-o-y.
Distributable income for the six months ended Sept 30 fell by 10.6% y-o-y to $111.7 million due to higher finance costs and tax expense. This was partly offset by 96% of management fees payable in units compared to 0% in the 2HFY2024.
