MNACT

Mapletree reports 6.2% y-o-y rise in net profits to $1.96 billion  - THE EDGE SINGAPORE

Results

Mapletree reports 6.2% y-o-y rise in net profits to $1.96 billion

Mapletree Investments reports 6.2% y-o-y rise in net profit in FY2022 after eventful year of M&A
Analysts maintain buy call on MNACT despite a 19.9% decrease in DPU to 1.566 cents

Broker's Calls

MNACT's DPU down 19.9% but analysts see it 'shaken, not stirred'

DBS Group Research and CGS-CIMB are keeping their “buy” calls on Mapletree North Asia Commercial Trust (MNACT) despite its 19.9% y-o-y drop in distribution per unit (DPU) to 1.566 cents for its most recent 4QFY19/20 ended March 31 2020.
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