Mapletree Logistics Trust

M44U: XSES (SGP)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	SGD 8.20	Pmzv	Gzdwvqvpwf

Mapletree Logistics Trust Earnings: Currency, Interest, and China Headwinds Affect Distributions

Xinfu Lee

Apr 30, 2024

Mapletree Logistics Trust’s fiscal 2024 (ending March) results aligned with our expectations. The trust’s full-year distribution per unit was down 0.1% year on year as higher contributions from existing properties and acquired properties were offset by currency headwinds, weakness in its China-based operations, and a higher borrowing cost.

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