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Showing posts with the label #$DDMPR

DDMPR’s Earnings Edge Higher, but Vacancies Cloud Rental Growth

  Higher rental rates and finance-lease income lifted first-half results, while soft occupancy and rising receivables highlighted the challenge facing the property trust DDMP REIT Inc. reported narrowly higher earnings for the first half of 2026, as rental-rate increases and stronger interest income offset weakness in other revenue. But declining second-quarter rent and a blended occupancy rate of 64.55% showed that the Philippine property trust has yet to establish a durable organic-growth engine. The real-estate investment trust, known by its stock symbol DDMPR, posted net income of ₱786.1 million for the six months ended June 30, up 0.5% from ₱782.6 million a year earlier. Total revenue similarly edged 0.5% higher to ₱1.004 billion , from ₱999.6 million.  The modest increase masks a mixed performance across DDMPR’s sources of income. Rent income—the core measure of a landlord’s operating momentum—rose just 0.4% to ₱783.2 million in the first half. Management attributed t...