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Far East H-Trust Q4 payout slips to 0.97 cent
Results hit by slightly lower occupancy rates and revenue from its hotel, serviced apartment sectors
Add BT as a preferred sourcePublished Thu, Feb 15, 2018 · 09:50 PM
Singapore
FAR EAST Hospitality Trust's fourth-quarter distribution per stapled security slipped to 0.97 Singapore cent from 1.12 Singapore cents a year ago amid a slight decline in occupancy rates and revenue from its hotel and serviced apartment segments.
Income available for distribution fell 9.7 per cent to S$18.2 million during the three months ended Dec 31, 2017.
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