RHT Health Trust DPU tumbles 18%

Singapore

RHT Health Trust has reported a distribution per unit (DPU) of 1 Singapore cent for the fiscal first quarter ended June 30, down 18 per cent from 1.22 Singapore cents in the year-ago period.

Revenue for the quarter fell 8.8 per cent to S$22 million, due mainly to the depreciation of the Indian rupee against the Singapore dollar. In Indian rupee terms, the fall in total revenue would have been 1.6 per cent instead.