Shares & Derivatives
Frasers Logistics and Commercial Trust FY20 Full Year Results
By My Sweet Retirement  •  December 26, 2020
Frasers Logistics and Commercial Trust has announced their FY20 full year results on 6th November 2020. This post came late as I was too busy with work and only realize Frasers Logistics and Commercial Trust had announce their full year results last month. Since Frasers Logistics and Commercial Trust makes up a major position in my stock portfolio, I am very interested to see how it has performed in FY20, the year of COVID-19 pandemic. Gross revenue increased 53.0% to A$332.0 million and Distributable Income increased 48.8% to A$201.1 million. A full year DPU of 7.12 Singapore cents was paid in FY20 which was an increase of 1.7% as compared to FY19. Solid performance despite the COVID-19 pandemic!

Frasers Logistics and Commercial Trust FY20 Full Year Results

Net Property Income increased by 46.2% as compared to FY19. The year-on-year (“y-o-y”) increases were contributed by the mergerGerman properties acquisition, and the FY2019 and FY2020 acquisitions....
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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