SINGAPORE: Ascendas Hospitality Trust posted a higher distribution per stapled security (DPS) of 1.25 cents for the fourth quarter.
This is up 3.3 per cent from the DPS of 1.21 cents in the same period last year.
For the year, however, DPS fell 8.3 per cent to 5.06 cents.
Net property income for the quarter climbed 2.8 per cent to $22.6 million, as gross revenue rose 1.6 per cent to $54.5 million.
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