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Mapletree Logistics Trust 3QFY2024 DPU declines 11.1% y-o-y to 2.003 cents

Douglas Toh
Douglas Toh • 3 min read
Mapletree Logistics Trust 3QFY2024 DPU declines 11.1% y-o-y to 2.003 cents
The bottom line was also affected by a 2.8% y-o-y increase in property expenses to $25.2 million, while borrowing costs grew 8.7% y-o-y to $39.9 million. Photo: MLT
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Mapletree Logistics Trust (MLT) has reported distribution per unit (DPU) of 2.003 cents for its 3QFY2025 ended Dec 31, 2024, down 11.1% y-o-y. In the period, the total distribution amount declared was $101.3 million, down 9.7% y-o-y. 

There were a total of 5.06 billion units in the REIT as at Dec 31, 2024, compared to 4.98 billion units in the REIT in the same period the year before.

Gross revenue for the full-year dipped marginally by 0.9% y-o-y to $182.4 million, due to lower revenue contribution from China, the absence of contribution from divested properties, and depreciation of various regional currencies against the Singapore dollar. 

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