FINWIRES · TerminalLIVE
FINWIRES

Mapletree Logistics Trust's DPU Declines 7% in Fiscal Q4

By

Mapletree Logistics Trust's (SGX:M44U) available distribution per unit or DPU dropped 7% in the fiscal fourth quarter ended March 31 to SG$0.01819, from SG$0.01955 a year earlier, according to a Thursday filing with the Singapore Exchange.

Amount distributable to unitholders was down by 6.1% to SG$93 million from SG$99.1 million a year earlier.

Net property income edged down 0.9% to SG$151.4 million from SG$152.8 million in the year-ago period, while gross revenue fell 1.7% year over year to SG$176.6 million from SG$179.6 million.

Meanwhile, portfolio occupancy rose to 96.9% as at March 31 from 96.4% in the previous quarter, thanks to higher occupancies in Singapore, China, Hong Kong, Japan and South Korea. The weighted average lease expiry of the portfolio by net lettable area was 2.5 years.

Related Articles

Asia

Joinn Laboratories' Profit Surges 480% in Q1

Joinn Laboratories (HKG:6127, SHA:603127) posted net profit attributable to shareholders of 238.4 million yuan for the first quarter, up 480% from 41.1 million yuan a year earlier, according to a Wednesday Hong Kong bourse filing.Hong Kong-listed shares of the drug research firm were down over 6% in Thursday's late-morning trade.Earnings per share came in at 0.32 yuan, up from 0.05 yuan a year earlier.Revenue increased 10% to 316.1 million yuan from 287.3 million yuan in the prior-year period.

HKG:6127SHA:603127
Asia

Ganfeng Lithium Turns to Q1 Profit as Revenue Jumps 144%

Ganfeng Lithium (SHE:002460, HKG:1772) posted first-quarter attributable net profit of 1.84 billion yuan, compared with loss of 355.8 million yuan the previous year.Earnings per share stood at 0.88 yuan, versus loss per share of 0.18 yuan last year, according to a Thursday filing with the Shenzhen bourse.Operating revenue jumped 144% year over year to 9.20 billion yuan from 3.77 billion yuan.Shares of the lithium miner were up 2% in recent trade on the Shenzhen bourse and 1% on the Hong Kong bourse.

HKG:1772SHE:002460
Asia

Yihai Kerry Arawana Q1 Profit Up 51%, Revenue Rises 11%

Yihai Kerry Arawana (SHE:300999) posted first-quarter attributable net profit of 1.48 billion yuan, up 51% from 981.4 million yuan the previous year.Earnings per share rose to 0.27 yuan from 0.18 yuan, according to a Thursday filing with the Shenzhen bourse.Operating revenue climbed 11% year over year to 65.5 billion yuan from 59.1 billion yuan.Shares of the food products company were up 2% in recent trade.

SHE:300999