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A-HTrust Q2 DPS dips 5.5% in absence of divestment

Gross revenue is up 2.4%, mainly due to contribution from new hotels in Japan, S Korea

Published Tue, Oct 29, 2019 · 09:50 PM

Singapore

ASCENDAS Hospitality Trust (A-HTrust) on Tuesday posted 2.4 per cent higher gross revenue for the second quarter ended September.

But its distribution per stapled security (DPS) declined 5.5 per cent, mainly because there was an absence of divestment.

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