Shares & Derivatives
Mapletree PanAsia Com Tr – 3rd quarter results is out! Gross Revenue is up 0.8 percent to 241.5m, NPI is up 1.7% to 182.4m but Distribution is down 9.1% due to higher finance costs increasing 14%. Gearing 40.8%.
By Singapore Stocks Sharing  •  January 29, 2024
Mapletree PanAsia Com Tr  - 3rd quarter results is out! Gross Revenue is up 0.8 percent to 241.5m, NPI is up 1.7% to 182.4m but Distribution is down 9.1% due to higher finance costs increasing 14%. Gearing 40.8%. Occupancy rate 96.7%. XD 5th February. DIVIDEND 2.2 CENTS. Pay date 14th March. I think results is so so. PLS dyodd. — gross revenue and NPI both gained 10.1% and 8.7% YOY for 2Q24 — DPU down 8.2% YOY to 2.24 cents — portfolio occupancy 96.3% — gearing 40.7% with 79.9% debt on fixed — Stable financial performance: Singapore drove growth with better performance while largely stable contributions from overseas properties were weighed down by stronger SGD — Festival Walk: Sustained revenue supported by near full occupancy, shopper and tenant sales recovery, and continued progress towards rental stabilisation Mapletree Pan Asia Commercial Trust (“MPACT”) is a real estate investment trust (“REIT”) positioned to be the proxy to key gateway markets of Asia. Listed on the Singapore Exchange Securities Limited (“SGX-ST”), it made its...
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By Singapore Stocks Sharing
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