Mapletree Logistics Trust
M44U: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$J$ | LOCK|Cn | LOCK|H@vT>d> |
Mapletree Logistics Trust Earnings: Currency, Interest, and China Headwinds Affect Distributions
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.
