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ARA H-Trust's maiden DPS beats forecast

Wed, Jul 31, 2019 - 5:50 AM
btnews@sph.com.sg@YunitaOngBT

Singapore

LOWER property expenses and borrowing costs outweighed softer gross revenue at ARA US Hospitality Trust (ARA H-Trust).

The hospitality trust's maiden reporting showed that between May 9 and June 30, its distribution per stapled security (DPS) was 1.36 US cents, higher...

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