2HFY2022 gross revenue grew by 2.2% y-o-y to $42.6 million thanks to growth from both the trust’s hotel and serviced residences (SR) portfolio and offset by the decrease in revenue contribution from Village Residences Clarke Quay (VRCQ) following its divestment on March 24, 2022.
Far East Hospitality Trust (FEHT) (SGX:Q5T
) has reported a distribution per share (DPS) of 1.73 cents for the 2HFY2022 ended Dec 31, 2022, 13.1% higher than the DPS of 1.53 cents in the same period the year before.
For the FY2022, DPS grew by 24.3% to 3.27 cents, up from the DPS of 2.63 cents in the FY2021.
