Q2 2020 Mapletree Industrial Trust Earnings Call Transcript
Welcome to MIT's 2Q and first half financial results for the financial year '19-'20. It was quite an eventful quarter for us. I would let Kuo Wei bring us through the results and share us the update during the quarter. Kuo Wei, please.
Hello, good morning. Welcome to this briefing for our second quarter and first half of financial year '19-'20. I'll run through our usual 5 segments. You can see the coverage on Page 3 and the key highlights on Page 5. You can see the first 2 points on there, distributable income for the quarter, we have delivered 12.1% better results year-on-year basis, $63.5 million for second quarter. And of course, that gave rise to a 4% increase in the DPU to $0.0313. And overall occupancy is 90.5% for the portfolio. I think if you can look at the details later in the charts that we have given. A small dip in the Singapore portfolio occupancy of about 0.3%. So that gave rise
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