Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Far East Hospitality Trust
02-11-2017, 01:45 PM.
Post: #51
RE: Far East Hospitality Trust
Financial Results for the Quarter ended 30 September 2017 ("3Q2017")

Highlights :
* Gross revenue decreased 2.0% to $27.5 million in 3Q2017
* Net property income decreased 2.3% to $24.8 million
* Income available for distribution was $19.2 million for 3Q2017
* Distribution per Stapled Security was 1.03 cents for 3Q2017
* Demand for hotel accommodation was stronger, reversing the declining RevPAR trend of the first two quarters
* In the first nine months of 2017 ("YTD Sep 2017"), Gross Revenue was $78.1 million
* YTD Sep 2017 Net property income and Income available for distribution were $70.0 million and $54.0 million respectively
* YTD Sep 2017 the distribution was 2.93 cents.

More details in :
1. http://infopub.sgx.com/FileOpen/Financia...eID=476490
2. http://infopub.sgx.com/FileOpen/Presenta...eID=476492
3. http://infopub.sgx.com/FileOpen/Press%20...eID=476491
=========== Signature ===========
Specuvestor: Asset - Business - Structure.

Find Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)
Valuebuddies.com | Return to Top | Lite (Archive) Mode | RSS Syndication | CONTACT US: nas......@valuebuddies.com | | Share Buy-Back | Disclosure of Interest