Earnings call transcript: MPACT Q2 2026 misses estimates as overseas pain persists
MPACT Q2 2026 earnings call transcript reveals that the company missed both earnings and revenue estimates as overseas markets continued to negatively impact performance. Singapore assets, particularly VivoCity, provided some support with stronger sales, traffic, and rental growth. However, overall gross revenue fell 5% year-over-year to SGD 207.5 million, and net property income declined 6.3% to SGD 153.5 million.
Despite the misses, the trust's total return over the past year stands at 36%, indicating resilience through the recent downturn.
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