- Mapletree Pan Asia Commercial Trust's 4QFY24 (Jan to Mar 2024) distribution per unit (DPU) rose 1.8% y-o-y to S$0.0229 and met our expectations.
4QFY24 DPU grew 1.8% y-o-y, the first y-o-y quarterly increase in FY24
- - Read this at SGinvestors.io -
- DPU for the quarter grew 1.8% y-o-y to S$0.0229 despite the 10.8% jump in net finance costs to S$56.4m. This was the first y-o-y quarterly improvement in Mapletree Pan Asia Commercial Trust's DPU for FY24.
- - Read this at SGinvestors.io -
Sequentially lower portfolio committed occupancy of 96.1% driven by most assets
- Read more at SGinvestors.io.
Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.
OCBC Research Team OCBC Investment Research | https://www.iocbc.com/ 2024-04-25
Read also OCBC's most recent report:
2024-10-28 Mapletree Pan Asia Commercial Trust - Drag From Overseas Operations.
Previous report by OCBC:
2024-07-31 Mapletree Pan Asia Commercial Trust - Pressure On Multiple Fronts But Singapore Rental Reversions A Bright Spot.
Price targets by 3 other brokers at Mapletree Pan Asia Commercial Trust Target Prices.
Listing of research reports at Mapletree Pan Asia Commercial Trust Analyst Reports.
Relevant links:
Mapletree Pan Asia Commercial Trust Share Price History,
Mapletree Pan Asia Commercial Trust Announcements,
Mapletree Pan Asia Commercial Trust Dividends & Corporate Actions,
Mapletree Pan Asia Commercial Trust News Articles
