Al-Salam REIT Reports Lower Distribution Per Unit In 4Q 2019
February 26, 2020 — Al-Salam REIT reported a decrease in its distribution per unit (DPU) for the fourth quarter edned 31 December 2019. The REIT’s DPU hit 1.07 sen per unit, lower than the 1.09 sen per unit in the previous quarter.
It’s total revenue, however, rose to 24.1 million RM from the 23.6 million RM in the previous quarter. Its profit largely came from rental income, which accounted for 22.5 million RM during the period.
Total assets also rose to 1.2 trillion RM during the period, from the 1.16 trillion in the previous quarter,
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