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Hospitality, retail segments lift OUE H-Trust's Q2 DPS

Gross revenue rises 16% to S$31.16m, net property income up 15% at S$26.62m

Nisha Ramchandani

Published Tue, Aug 1, 2017 · 09:50 PM

Singapore

BOLSTERED by higher contributions from both its hospitality and retail segments, OUE Hospitality Trust's (OUE H-Trust) distribution per stapled security (DPS) for the second quarter ended June 30 rose to 1.21 Singapore cents, up from 0.92 Singapore cent a year ago.

Gross revenue clocked a 16 per cent gain to hit S$31.16 million, while net property income…

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