CDLHT posts 4.8% fall in Q3 DPS to 2.18 cts
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MAINBOARD-LISTED CDL Hospitality Trusts (CDLHT) posted a 4.8 per cent fall in its third quarter distribution per stapled security (DPS) to 2.18 Singapore cents, compared with 2.29 Singapore cents in the year-ago period.
Total distribution for the three months ended Sept 30, 2018 slid 3.9 per cent to S$26.33 million, while net property income (NPI) fell 10.2 per cent to S$36.23 million.
