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Lippo Malls Indonesia Retail Trust net property income up 8.5% y-o-y to $31.1 mil for 3QFY2025

Nicole Lim
Nicole Lim • 1 min read
Lippo Malls Indonesia Retail Trust net property income up 8.5% y-o-y to $31.1 mil for 3QFY2025
Rental revenue and gross revenue for 3QFY2025 rose 3.4% and 7.5% y-o-y to $27.7 mil and $51.5 mil respectively, despite a depreciation of the Indonesian rupiah against the Singapore dollar.
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The manager of Lippo Malls Indonesia Retail Trust (LMIRT) has reported a 8.5% y-o-y increase in net property income (NPI) to $31.1 million for the 3QFY2025 ended Sept 30.

Rental revenue and gross revenue for 3QFY2025 rose 3.4% y-o-y and 7.5% y-o-y to $27.7 million and $51.5 million respectively, despite a depreciation of the Indonesian rupiah against the Singapore dollar.

On a 9MFY2025 basis, rental revenue and gross revenue rose 1.1% and 4.4% y-o-y to $82.2 million and $151.7 million respectively, while NPI grew 1.6% y-o-y to $89.3 million.

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