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Frasers Hospitality Trust's Q4 DPS lower than forecast

It cites higher interest expenses; group revenue and net property income outperform projections

BT_20151030_LKFHT_1952176.jpg
The Fraser Suites Edinburgh. Strong performances by FHT's Japan, Australia and UK properties mitigated softer performance of the Singapore and Malaysia properties.

Singapore

GROUP revenue and net property income at Frasers Hospitality Trust (FHT) were both better than forecast for the fiscal fourth quarter. But distribution per stapled security (DPS) of 1.66 Singapore cents for the three months ended Sept 30, 2015, was slightly lower than the

sentifi.com

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