OUE Hospitality Trust - RHB Invest 2016-05-09: 1Q16 Results Flash Note
OUEHT OUE HOSPITALITY TRUST SK7.SI OUE Hospitality Trust: 1Q16 Results Flash Note
Highlights
- 1Q16 DPS declined c.32% YoY, mainly due to rights issued in Mar. Stripping it off, DPS would have fallen c.9% instead.
- Its results were supported by its hotels, offset by the weaker earnings from its retail segment.
- Hospitality segment: RevPAR was up c.1% YoY.
- Retail segment: Ave. occupancy fallen to 83%, mainly due to c.13% of its NLA underwent landlord fitout works.
:.
No comments:
Post a Comment