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OUE H-Trust Q1 distributable income rises 19.1%

Revenue rises 6.4 per cent to S$32.1 million; DPS up from 1.1 to 1.3 cents

Published Thu, May 4, 2017 · 09:50 PM

Singapore

OUE Hospitality Trust (OUE H-Trust)'s distributable income rose 19.1 per cent from S$19.7 million in Q1 2016 to S$23.5 million in the first quarter of 2017 ended March 31, the group reported on Thursday.

Revenue also increased by 6.4 per cent to S$32.1 million from S$30.1 million in the corresponding quarter of 2016 for the stapled group, which comprises OUE H…

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