Net property income was down 7.7% y-o-y to $45.6 million with lower revenue but higher costs.
Far East Hospitality Trust has reported dividend per security of 1.78 cents for its 1HFY2025, down 9.2% y-o-y, with both net property income and gross revenue lower for the half year ended June.
FEHT attributes lower topline of $51.6 million, down 4.2% y-o-y, to its weaker Singapore hotels, but partly offset by improvements in its commercial properties, plus maiden contribution from newly-acquired Four Points by Sheraton Nagoya, its first overseas asset.
