DPU of 1.386 cents is 19.7% higher than 1QFY20 DPU of 1.158 cents, translating to attractive annualized distribution yield of 7.4%. Gross revenue and Net Property Income increased 19.8% and 22.2% compared to 1QFY20 mainly due to absence of rental rebates which was recognized in 1QFY20. Stable capital structure with Weighted Average Debt Expiry of 2.12 years. No significant short-term refinancing requirement. ECW had retained 10% of total amount available for distribution in 2Q20 in view of uncertainties arising from COVID-19. Headwinds persist with businesses remaining cautious in its leasing and expansion plans amidst the uncertain geopolitical and economic climate...
Source: ShareInvestor ExpressWhile reasonable efforts have been taken to ensure that the calculations performed by the features of this site are reliable, the features are provided on the basis that:-