2QFY2023/2024 results

DBS, UOBKH and CGS-CIMB analysts keep 'buy' and 'add' calls on MINT, while Citi and Maybank keep 'neutral' and 'hold' - THE EDGE SINGAPORE

Broker's Calls

DBS, UOBKH and CGS-CIMB analysts keep 'buy' and 'add' calls on MINT, while Citi and Maybank keep 'neutral' and 'hold'

This follows the REIT’s 2QFY2023/2024 ended Sept 30 results with “healthy gearing” and robust rental reversions, say analysts.

Results

MPACT reports lower distribution per unit of 4.42 cents for 1HFY2023, 10.5% lower y-o-y

MPACT says higher interest rates exerted pressure on the DPU, with DPU for 2QFY2023/2024 at 2.24 cents.

Results

Mapletree Logistics Trust reports 2QFY2024 DPU of 2.268 cents, up 0.9% y-o-y

Unitholders will receive their DPUs on Dec 19.
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