CDL Hospitality Trusts' DPS for H1 tumbles 63.7% to 1.51 Singapore cents

Published Wed, Jul 29, 2020 · 09:50 PM

    Singapore

    CDL Hospitality Trusts' (CDLHT) distribution per stapled security (DPS) sank 63.7 per cent to 1.51 Singapore cents for the six months ended June 30, 2020, from 4.16 Singapore cents a year ago.

    Gross revenue was down 44.5 per cent to S$52.1 million for the half year, from S$93.8 million a year ago.