Q2 2020 Mapletree Logistics Trust Earnings Call Transcript
Hi. Thank you very much for coming. And are there people on the line? Okay. Very sorry for the delay. Hopefully, you will know why the delay in the next few minutes. Okay. But anyway, right, at this point, we talk about the results. Okay.
Yes. I'll run through, review the highlights for the second quarter for Mapletree Logistics Trust and also the financial -- the details of the financial and the balance sheet and the capital management before I hand over to Jean to talk about the asset management.
Just on Page 3, the key highlights for second quarter. In terms of the DPU, it's a 3.4% year-on-year increase. Gross revenue rose about $121.8 million or 14.2%; NPI, about $109 million or 21%. The improved results reflect stable portfolio performance from Hong Kong and also the AEI of Ouluo Phase 1 and also the acquisition done in '18/'19, partly offset by
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