Gross revenue edged down 1.4% y-o-y to $194.6 million.
Lippo Malls Indonesia Retail Trust (LMIRT) has reported a lower net property income for the FY2024 ended Dec 31, 2024 of $115.7 million, down 5.5% y-o-y.
The trust’s rental revenue came in 2.2% y-o-y lower for the FY2024 at $108.2 million. In its reporting currency, the trust saw a 4.4% depreciation in Indonesian rupiah against the Singapore dollar.
