Half Year 2022 Mapletree Logistics Trust Earnings Call Transcript
Hi, good evening. Welcome to Mapletree Logistics Trust Second Quarter Results Presentation for the financial year ending March '22. We have the full management team, who's here with us today are led by Kiat, CEO; Charmaine, CFO; Jean, Head of Investment; and James, Head of Asset Management. Without further ado, I will hand over to Charmaine to begin the presentation.
Hi. Good evening, everyone. Thanks for dialing in. Let me take you through the key highlights for 2Q FY '21/'22. Gross revenue rose 25.2% year-on-year to $165 million. NPI grew 21.5% to $144 million. Consequently, amount distributable to unitholders grew by 19.2% to $93.4 million, translating to a DPU of $0.2173, 5.7% higher than last year.
DPU rose on the back of better performance from existing properties, accretive acquisitions completed last year end contribution from the completed redevelopment of Mapletree Ouluo Logistic Park Phase 2, which
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