CDL Hospitality Trusts records 3.4% higher DPS for Q3
Published Fri, Oct 28, 2016 · 12:28 AM
CDL Hospitality Trusts on Friday posted a 3.4 per cent increase in distribution per stapled security (DPS) for the third quarter, on stronger income.
DPS for the three months ended Sept 31, 2016, stood at 2.44 Singapore cents, compared to 2.36 Singapore cents a year ago.
Net property income rose to 5.3 per cent to S$34.8 million on contribution from its hotels in UK and New Zealand.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Spotify’s monthly user numbers miss estimates on lower promotions
China bubble-tea chain Chabaidao plunges on Hong Kong debut
Singapore stocks extend gains on Tuesday led by banks; STI up 1.5%
Adobe to bring full AI image generation to Photoshop this year
BOJ will hike rates if trend inflation accelerates, says Ueda
London stock market hits record high