SUBSCRIBERS

Higher taxes erode Q1 DPU for RHT Health Trust

Published Wed, Aug 3, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

HIGHER corporate taxes in India and higher finance costs ate into first-quarter distributable income for Religare Health Trust, which late last month renamed itself RHT Health Trust.

Net profit sank 13.2 per cent to S$10.7 million from the previous year, the group said in a Singapore Exchange filing on Wednesday evening.

Copyright SPH Media. All rights reserved.