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CapitaLand Mall Trust reports flat 4Q DPU of 2.88 cents

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CapitaLand Mall Trust reports flat 4Q DPU of 2.88 cents

Michelle Zhu Published on Fri, Jan 20, 2017 / 8:03 AM GMT+8

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SINGAPORE (Jan 20): CapitaLand Mall Trust (CMT) has declared a distribution per unit (DPU) of 2.88 cents for 4Q16, unchanged from a year ago.

This brings the trust’s DPU for FY16 to 11.13 cents, down from 11.25 cents a year ago.

Net property income (NPI) for the quarter fell 7.6% to $116.2 million from $125.7 million in 4Q15. For the full financial year, NPI grew 2.9% to 479.7 million.

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