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Analysts mixed on CMT's prospects following 1Q DPU plunge

Broker's Calls

Analysts mixed on CMT's prospects following 1Q DPU plunge

Jeffrey Tan Published on Mon, May 04, 2020 / 2:07 PM GMT+8

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SINGAPORE (May 4): The temporary closure of entertainment and non-essential retail outlets, which has hit CapitaLand Mall Trust (CMT) hard, has prompted a mixed view from analysts.

Last week, CMT reported its distribution per unit (DPU) plunged 70.5% y-o-y to 0.85 cent in the 1Q FY20.

This has impacted CMT’s downtown malls more than it has on its sub-urban malls, according to RHB Securities.

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Analysts mixed on CMT's prospects following 1Q DPU plunge

Broker's Calls

Analysts mixed on CMT's prospects following 1Q DPU plunge

Primary tabs

Error message

Analysts mixed on CMT's prospects following 1Q DPU plunge

Broker's Calls

Analysts mixed on CMT's prospects following 1Q DPU plunge

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