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Home / Capital / Results

Frasers Hospitality Trust declares 4.8% lower 4Q DPS of 1.2154 cents

Results

Frasers Hospitality Trust declares 4.8% lower 4Q DPS of 1.2154 cents

PC Lee Published on Fri, Oct 26, 2018 / 8:30 AM GMT+8

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SINGAPORE (Oct 26): The manager of Frasers Hospitality Trust (FHT) has declared a 4Q18 DPS of 1.2154 cents, 4.8% below last year.

Gross revenue and net property income were $38.7 million and $29.4 million respectively, down 6.9% and 6.7% y-o-y. The declines were due to overall weaker portfolio performance except for the Singapore and Germany portfolios.

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