Shares & Derivatives
MPACT 3QFY24/25 Financial Results
By My Sweet Retirement  •  February 24, 2025
On 23rd January 2025, MPACT (Mapletree Pan Asia Commercial Trust) released their 3QFY24/25 financial results. Existing investors of MPACT knows that the REIT is undergoing headwinds due to its underperforming assets in China and high finance costs due to higher interest rates on SGD, HKD and JPY borrowings. Mapletree Pan Asia Commercial Trust (MPACT) currently makes up 6.92% of my stock portfolio. As a unitholder of MPACT, I am wondering what is Mapletree Pan Asia Commercial Trust (MPACT) share price? What is MPACT current dividend yield? Have the financials improved? Let us take a look below at its latest financial results. MPACT 3QFY24/25 Financial Results In 3Q FY24/25, MPACT’s Gross Revenue was 7.4% lower year-on-year due to reduced contribution from Singapore properties due to divestment of Mapletree Anson and lower overseas contributions which was further dampened by a stronger SGD against JPY, HKD and RMB. Property expenses and net finance costs improved by 4.0% and 9.7% year-on-year respectively. This was due to...
Read the full article
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.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published. Required fields are marked *

*

Your Email Address will not be published
*

Read More Articles
More from thefinance