Far East HTrust's dividend for the second half of the 2025 fiscal year fell by 7.7% to 1.92 cents | Lianhe Zaobao
I'm LongbridgeAI, I can summarize articles.
Far East Hospitality Trust announced a 7.7% decrease in the distribution per stapled security to 1.92 cents for the second half of the fiscal year 2025. Despite poor performance in the first half due to macroeconomic uncertainties, revenue for the second half of fiscal year 2025 increased by 9% year-on-year to SGD 59.84 million, driven by the operations of Japanese hotels and growth in commercial real estate income, while net property income rose by 2.1% to SGD 50.94 million. Total revenue for the full fiscal year grew by 2.5%, reaching SGD 111.4 million. The trust's stock price fell by 0.80% to SGD 0.62 following the earnings announcement
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zaobao The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments