Ascendas India Trust - DBS Research 2022-08-02: From Strength To Strength

• Ascendas India Trust (SGX:CY6U) reported a 2% y-o-y rise in DPU to 4.28 cents, forming 51% of our full-year estimates. DPU was 19% higher compared to 2H21. This stronger performance y-o-y was on the back of an ~8% rise in revenues and net property income to S$103.3m and S$83.4m.
• - Read this at SGinvestors.io -
• Income available for distribution rose by a smaller portion of ~4% y-o-y, partially offset by higher interest costs from acquisitions and lower interest income on the conversion of several forward contracts to rental income.
• - Read this at SGinvestors.io -

Ascendas India Trust - Outlook and commentary

ITPC occupancy rates; committed occupancy seeing strong commitment

• Read more at SGinvestors.io.

Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.

Read also DBS's most recent report:
2025-02-04 CapitaLand India Trust - Accelerating Earnings On Data Centre Upside, Rapid Growth Ahead.

Previous report by DBS:
2024-10-25 CapitaLand India Trust - Powering Ahead; Robust Operational Performance..

Price targets by other brokers at CapitaLand India Trust Target Prices.

Listing of research reports at CapitaLand India Trust Analyst Reports.

Relevant links:
CapitaLand India Trust Share Price History,
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CapitaLand India Trust Dividend Payout Dates & Corporate Actions,
CapitaLand India Trust News