CapitaLand India Trust's DPU Rises 9% in H1; Shares Up Nearly 3%

MT Newswires
Jul 30

CapitaLand India Trust's (SGX:CY6U) distribution per unit or DPU for the first half of the year was up 9% to SG$0.0397 from SG$0.0364 a year earlier, according to a filing with the Singapore Exchange on Wednesday.

Income available for distribution rose 10% to SG$59.6 million from SG$54.1 million.

Net property income rose by 10% to SG$113.6 million from SG$103.5 million a year earlier. Meanwhile, total property income was up 10% year over year to SG$149.3 million from SG$136.1 million.

The trust booked a committed portfolio occupancy of 90% as at June 30.

Shares of the trust were up nearly 3% at market close.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10