This is the financial results announcement I have been waiting for. On Monday, 5th November 2018, Frasers Logistics and Industrial Trust has announced their 4QFY18 financial results. You can guess why I am so anxious and excited as Frasers Logistics and Industrial Trust makes up 15% of my stock portfolio and 23% of my wife’s stock portfolio. The manager of Frasers Logistics and Industrial Trust has been rather aggressive in their property divestment and new acquisition and I am expecting some extraordinary results.
You can read more of them here:
Now, lets look at their 4QFY18 results.
Distributable income was up 35.6% to A$36.0 million as compared to A$27.0 million in 4QFY17. Distribution Per Unit