Analysts from CGS-CIMB Research and DBS Group Research has maintained “add” or “buy” on CDL Hospitality Trusts (CDLHT) while Maybank Kim Eng's analyst has kept “hold” on the REIT following the release of its results for the 1HFY2021.
On July 30, CDLHT reported a 19.2% y-o-y decline in its total distribution per stapled security (DPS) of 1.22 cents for the 1HFY2021 ended June as the group’s portfolio remained impacted by the ongoing Covid-19 pandemic.
