Mapletree Industrial Trust Reports Q2 Revenue of S$167.02M
Mapletree Industrial Trust (MAPIF) has released its financial results for the second quarter, reporting total revenue of S$167.02 million. This represents a year-on-year decline of 1.9% compared to the same period last year. Despite the slight dip in revenue, the trust achieved a Net Property Income (NPI) of S$119.75 million. The company also confirmed a distribution per unit (DPU) of S$2.97 for the quarter.