Shares & Derivatives
Mapletree Logistics Trust 3Q FY22/23 Financial Results
By My Sweet Retirement  •  January 23, 2023
Mapletree Logistics Trust has released their 3Q FY22/23 Financial Results on 19th January 2023. The REIT currently makes up less than 5 percent of my stock portfolio. Depending on the results, I may decide whether to continue accumulation of Mapletree Logistics Trust. Mapletree Logistics Trust is undergoing active portfolio rejuvenation efforts with proposed divestments of three properties in Singapore and Malaysia. This should unlock some value and probably increase in Distribution Per Unit for unitholders given the divestments. How has Mapletree Logistics Trust performed? Let us take a look at the long awaited financial results below. Mapletree Logistics Trust 3Q FY22/23 Financial Results Revenue grew 8.0% year-on-year. This was attributed to contributions from accretive acquisitions that were completed in 1Q FY22/23 and FY21/22. The gain was offset by the depreciation of mainly JPY, KRW, RMB and AUD against SGD. The good thing is that such impact of currency fluctuations at the distribution level is partially mitigated through hedging....
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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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