Following the results announcement, analysts are maintaining a positive outlook on CLAS while keeping their “buy” and “accumulate” calls on the hospitality trust.
CapitaLand Ascott Trust (CLAS) recently announced its financial results for FY2025 ended Dec 31, 2025, which showed distribution per security (DPS) unchanged y-o-y at 6.1 cents. In 2HFY2025, DPS was 1% up y-o-y at 3.58 cents.
Income available for distribution rose 11% y-o-y to $256.7 million in FY2025. The increase was driven by higher gross profit, underpinned by stronger operating performance and portfolio reconstitution, as well as higher non-periodic items. Revenue and gross profit increased 3% and 4% y-o-y in FY2025 to $837.6 million and $439.1 million, respectively.
