CDL Hospitality Trusts (CDLHT) has announced total distribution per stapled security (DPS) of 1.22 cents for the 1HFY2021 ended June, 19.2% lower than DPS of 1.51 cents in the same period the year before, as the group’s portfolio continues to be impacted by the Covid-19 pandemic.

1HFY2021 gross revenue grew by 27.2% y-o-y to $66.2 million, out of which $48.3 million – or 72.96% -- was contributed by the Singapore and New Zealand hotels and Maldives resorts.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook