Oct 28, 2021 / 01:30AM GMT
Teng Li Yeng - Mapletree Commercial Trust - Director of IR - Mapletree Commercial Trust Management Ltd
Good morning, everyone. Welcome to Mapletree Commercial Trust briefing for our first half results for the period 1st April to 30th September 2021. Today, we are very pleased to have with us our CEO, Ms. Sharon Lim; our CFO, Ms. Janica Tan; and Head of Investment and Asset Management, Mr. Koh Wee Leong with us.
So without further ado, I'll pass the mic over to Ms. Janica Tan to go through the first section of the results presentation, please.
Bee Lian Tan - Mapletree Commercial Trust - CFO of Mapletree Commercial Trust Management Ltd
Thank you, Li Yeng. A very good morning to all. MCT's first half result was sustained despite the projected COVID-19 restrictions as the government steer Singapore towards a new endemic normal.
First half gross revenue and NPI were higher, mainly due to lower rental rebates and compensation received from pretermination of leases. DPU for the period was $0.0439, up 5.3% year-on-year, and the portfolio was revalued
Half Year 2022 Mapletree Commercial Trust Earnings Call Transcript
Oct 28, 2021
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