Gross revenue for the quarter rose 2.3% on-year to $93.7 million from $91.6 million the year before. The manager says this reflected a stable performance across all markets, augmented by contributions from MLT’s acquisitions completions last year.
SINGAPORE (Oct 23): The manager of Mapletree Logistics Trust (MLT) has announced a 1.5% rise in 2Q17/18 distribution per unit (DPU) ended Sept of 1.887 cents from the same quarter a year ago on higher revenue.
The latest quarter’s result brings DPU for 1H17/18 to 3.774 cents, representing a 1.7% increase from the 3.71 cents declared in 1H16/17.
