On 6 May 2026, Frasers Logistics & Commercial Trust (“FLCT”) released their half year result for FY2026. Management has disclosed that while DPU remain unchanged on a half-yearly basis, it is mainly supported by operations as capital distributions from divestment gains have decreased significantly. FLCT has also paid down their borrowings, leading to lower interest expenses and a stronger financial position. These factors translate to a potentially more sustainable distribution yield, and FLCT is in a more reliable position to grow their DPU moving forward.
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Website: Financial Statements And Related Announcement::Half Yearly Results
Photo source: https://fifthperson.com/2023-frasers-logistics-commercial-trust-agm/
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