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LMIR Trust posts 1.7% rise in 2Q DPU to 0.60 cent

Stanislaus Jude Chan
Stanislaus Jude Chan • 2 min read
LMIR Trust posts 1.7% rise in 2Q DPU to 0.60 cent
SINGAPORE (Aug 2): The manager of Lippo Malls Indonesia Retail Trust (LMIR Trust) has declared distribution per unit (DPU) of 0.60 cent for the 2Q19 ended June, some 1.7% higher than DPU of 0.59 cent a year ago.
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SINGAPORE (Aug 2): The manager of Lippo Malls Indonesia Retail Trust (LMIR Trust) has declared distribution per unit (DPU) of 0.60 cent for the 2Q19 ended June, some 1.7% higher than DPU of 0.59 cent a year ago.

Distributable income rose 4.0% to $17.5 million in 2Q19, from $16.8 million a year ago.

Total gross revenue jumped 29.7% to $68.3 million during the quarter, from $52.7 million in the corresponding quarter last year.

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