Summary of Starhill Global REIT's Results for the First Half Year Ended 31 December 2023
(S$ million) | 1H FY23/24 S$'mil |
1H FY22/23 S$'mil |
Y-O-Y Change (%) |
---|---|---|---|
Gross revenue | 94.6 | 94.7 | (0.1) |
Net property income | 74.5 | 74.3 | 0.3 |
Income Available for Distribution | 41.9 | 43.6 | (3.8) |
Income to be Distributed to Unitholders(1) | 40.2 | 40.9 | (1.8) |
Distribution per unit (cents) | |||
DPU(2) | 1.78 | 1.82 | (2.2) |
- Approximately S$1.7 million (1H FY22/23: S$2.6 million) of income available for distribution for 1H FY23/24 has been retained for working capital requirements.
- The computation of DPU for 1H FY23/24 is based on the number of units entitled to distributions comprising issued and issuable units of 2,258,961,736 (1H FY22/23: 2,249,554,313).