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RHT Health Trust declares 4.7% lower 1Q DPU of 1.22 cents

PC Lee
PC Lee8/8/2017 10:00 PM GMT+08  • 2 min read
RHT Health Trust declares 4.7% lower 1Q DPU of 1.22 cents
SINGAPORE (Aug 8): The manager of RHT Health Trust, has declared a DPU of 1.22 cents for 1Q18, 4.7% lower compared to the 1.28 cents declared in 1Q17.
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SINGAPORE (Aug 8): The manager of RHT Health Trust, has declared a DPU of 1.22 cents for 1Q18, 4.7% lower compared to the 1.28 cents declared in 1Q17.

RHT Health Trust Manager (RHTM) says 1Q18 saw total revenue of $24.1 million, 9.7% higher against $21.9 million in 1Q17. This was due to the contractual 3% increase in base fee, higher variable fee as a result of higher operating revenue recorded by Fortis Hospotel Limited (FHTL) as well as an increase in other income.

The higher operating revenue was led by an increase in Average Revenue Per Operating Bed (ARPOB) arising from the increase in number of specialty cases.

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