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Eagle Hospitality Trust's maiden DPU beats forecast

Easing interest rates help lower finance expenses and also boost net and distributable income

Published Wed, Aug 14, 2019 · 09:50 PM

Singapore

EAGLE Hospitality Trust (EHT) has posted distributable income (DI) of US$5.65 million, slightly higher than the US$5.58 million projection by 1.2 per cent in its maiden results.

Distribution per unit (DPU) was 0.65 US cent or 1.2 per cent higher compared to the projected 0.642 cent for the reporting period, the company said on Wednesday.

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