Mapletree's full-year net profit jumped 14.3% to $1b

Results were boosted by acquisitions.

Mapletree Investments posted a net profit of $1b in FY14/15, a 14.3% increase from a year ago.

Revenue rose 7.4% to $1.6 billion, boosted by new income streams from the group’s acquisitions during the year, higher contributions from Mapletree’s flagship development in Singapore, Mapletree Business City.

The group’s results were also boosted by positive contributions from the properties of Mapletree’s four listed real estate investment trusts.

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