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Thursday, April 29, 2021

Mapletree Ind trust

 Gross revenue and net property income for FY20/21 grew10.2% and 10.4% year-on-year to

S$447.2 million and S$351.0 million respectively. This was mainly attributed to the
consolidation of revenue and expenses from the 14 data centres in the United States.  DPU for FY20/21 increased 2.5% year-on-year to 12.55 cents
 Enhance portfolio resilience with the completion of the acquisition of a data centre in
Virginia, United States of America (the “United States”)
29 April 2021 – Mapletree Industrial Trust Management Ltd., as manager (the “Manager”) of
Mapletree Industrial Trust (“MIT”), is pleased to announce that MIT’s distribution per Unit
(“DPU”) for the Financial Year 2020/2021 from 1 April 2020 to 31 March 2021 (“FY20/21”) was
12.55 cents, 2.5% higher than the previous financial year.

Good sets of result! NPI is up 10.4%. DPU 3.3 cents is Back to pre-covid level. Fantastic!


 TA wise, bullish mode!

Likely to see further upwards movement!




Short term wise, I think likely to move up to retest $2.85.

A nice breakout coupled with good volume that may likely drive the price higher towards $2.90 then $2.96 with extension to $3.05.


Result is due on 29 April 2021! Looking forward to see what would be the dpu for this quarter!


Not a call to buy or sell.

Pls dyodd.


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