MLT attributes the higher earnings to accretive acquisitions completed from FY2022 to 1QFY2023, but with unfavourable currency movements offsetting some of the gain.
Mapletree Logistics Trust has reported a distribution per unit of 2.227 cents for its 3QFY2023 ended Dec 2022, up 1.9% over the year earlier quarter.
Net property income was up 7.3% y-o-y to $157.2 million; revenue was up 8% y-o-y to $180.2 million.
