- The outlook for China remains challenging and the weakness is expected to persist over the next few quarters. Mapletree Logistics Trust cautioned that cost of debt would continue to rise as loans are refinanced and interest rate swaps are rolled over at higher interest rates in 2HFY25 and FY26.
2QFY25 DPU of S$0.02027
- - Read this at SGinvestors.io -
Still hampered by strong S$.
- - Read this at SGinvestors.io -
- Growth from Singapore and Australia was offset by a weaker performance in China. On a constant currency basis, revenue was flat y-o-y and NPI declined 0.3% y-o-y.
Stable occupancies on a portfolio-wide basis.
- Read more at SGinvestors.io.
Above is the excerpt from report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full report in PDF @ https://www.utrade.com.sg/.
Adrian LOH CFA UOB Kay Hian Research | UOB Kay Hian Research | https://research.uobkayhian.com/ 2024-10-24
Previous report by UOB:
2024-07-26 Mapletree Logistics Trust - Growth Deceleration; Downgrade To HOLD.
Price targets by 2 other brokers at Mapletree Logistics Trust Target Prices.
Listing of research reports at Mapletree Logistics Trust Analyst Reports.
Relevant links:
Mapletree Logistics Trust Share Price History,
Mapletree Logistics Trust Announcements,
Mapletree Logistics Trust Dividends & Corporate Actions,
Mapletree Logistics Trust News Articles
