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Far East H-Trust's Q3 DPS hit by revenue dip, higher finance costs

Poorer hotel and serviced residence performance; spike in short-term interest rates
Wednesday, November 4, 2015 - 05:50
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Far East Hospitality Trust reported a 9.1 per cent year-on-year fall in third-quarter distribution per stapled security (DPS) to 1.2 Singapore cents amid softer revenues from its hotels and serviced apartments as well as higher finance expenses arising from a spike in short-term interest rates.

Singapore

FAR East Hospitality Trust reported a 9.1 per cent year-on-year fall in third-quarter distribution per stapled security (DPS) to 1.2 Singapore cents amid softer revenues from its hotels and serviced apartments as well as higher finance expenses arising from a spike in short-term

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