On 25th April 2024, Frasers Centrepoint Trust released their 1H2024 financial results. The manager shared that Frasers Centrepoint Trust achieved a healthy set of results for 1H24 on the back of robust operating performance. Despite the positive news, Distribution Per Unit (DPU) declined year-on-year by 1.8% to 6.022 cents. What has caused the decline in DPU? Frasers Centrepoint Trust share price closed at S$2.11 on 3rd May. Is it a good time to buy? At this point of writing, Frasers Centrepoint Trust’s portfolio comprises of 9 retail malls and 1 office property. They are Causeway Point, Century Square, Hougang Mall, NEX (effective 50.0% interest), Northpoint City North Wing (including Yishun 10 Retail Podium), Tampines 1, Tiong Bahru Plaza, Waterway Point (effective 50.0% interest), White Sands and an office property (Central Plaza). Now, let us dive deeper into Frasers Centrepoint Trust’s latest financial results to find out how it has performed. Frasers Centrepoint Trust 1H2024 Financial Results In 1H2024, Frasers Centrepoint Trust’s Gross Revenue and Net...