Far East Hospitality Trust (FEHT) has reported a distribution per stapled security (DPS) of 1.1 cents for the 1HFY2021, 6.8% higher than 1.03 cents the previous year, despite lower gross revenue and net property income (NPI).

FEHT's gross revenue for the 1HFY2021 totalled $41.6 million, a 6.1% y-o-y decline from $44.3 million, primarily driven by a 23.2% drop in revenue from FEHT’s commercial premises due to rental rebates and weaker demand.

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