The manager of Daiwa House Logistics Trust on Friday (Feb 28) posted a distribution per unit (DPU) of S$0.0234 for its second half ended Dec 31, down 10.3 per cent from S$0.0261 in the previous corresponding period.
Its H2 distributable income stood at S$16.4 million, down 10 per cent from S$18.2 million in FY2023.
Its half-year gross revenue stood at S$29.5 million, up marginally by 2 per cent from S$29 million previously. The trust’s net property income inched up 2.1 per cent to S$22.7 million from S$22.2 million in the year-ago period.
Units of Daiwa were trading 0.9 per cent or S$0.005 lower at S$0.58 as at 9.32 am on Friday.
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