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Religare Health Trust's Q4 distributable income up 1.4%

Published Wed, May 25, 2016 · 09:50 PM

Singapore

RELIGARE Health Trust (RHT) on Wednesday reported a 1.4 per cent rise in distributable income to S$15.3 million for the fourth quarter ended March 31, 2016, due to a more favourable contracted exchange rate in FY2016 as a result of lower hedging cost and better spot rate, which was partly offset by higher finance cost and trustee-manager fees.

Distribution per unit (DPU) for the quarter edged up 0.5 per cent to 1.91 Singapore cents from a year ago.

Total revenue - comprising service fee, hospital income and other inc…

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Companies & Markets

Companies & Markets

Religare Health Trust's Q4 distributable income up 1.4%

Companies & Markets

UBS lifts Chinese stocks to overweight in rare upgrade call

China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show

Citi picks Amit Dhawan to head Singapore commercial bank operations

Fintech startup Qashier gets in-principle approval for major payment institution licence from MAS

China finance ministry echoes Xi’s call for bond trading at PBOC

Bank of Japan to hold rates with focus on hawkish signals to buoy yen

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