Oct 19, 2020 / 10:00AM GMT
Operator
Good afternoon, everyone. Thanks for joining MLT's second quarter results briefing for the financial year 2021. The full management team is here. Ng Kiat, CEO; Charmaine, CFO; Head of Asset Management, Jean Kam; as well as our Head of Investment, Fion Ng.
To start the session, Charmaine, our CFO, will begin the overview. Over to you, Charmaine.
Sheh Min Lum - Mapletree Logistics Trust - CFO
Hi, everyone. Thanks for taking the call this evening. Let me take you through the key financial highlights, financial review and capital management section. The DPU for the quarter is $0.02055. This is a year-on-year increase of 1.5% from $0.02025 last year. DPU rose on the back of better performance from existing properties across most countries and lower borrowing costs. For first half of the financial year, DPU is $0.041 year-on-year increase
(technical difficulty)
venture relates to the co-investment of 15 China properties of the sponsor and comprised of both MLT's share of interest income and profit from the JV. The year-on-year increase is
Q2 2021 Mapletree Logistics Trust Earnings Call Transcript
Feb 14, 2024
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