Rental revenue declined 4.3% y-o-y to $27 million, while gross revenue was down by 5.1% y-o-y to $48.1 million.
The manager of Lippo Malls Indonesia Retail Trust (SGX:D5IU
) (LMIRT) has reported a net property income of $29.4 million in its 2QFY2024 ended June, down 9.2% y-o-y.
This is due to lower net reversal for impairment loss on trade receivables compared to the previous corresponding quarter.
