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RHT Health Trust posts 5.4% lower 4Q DPU of 1.06 cents on higher borrowings & expenses

Michelle Zhu
Michelle Zhu • 3 min read
RHT Health Trust posts 5.4% lower 4Q DPU of 1.06 cents on higher borrowings & expenses
SINGAPORE (May 25): The trustee-manager of RHT Health Trust has declared a 4Q18 distribution per unit (DPU) of 1.06 cents, down 5.4% from its quarterly DPU of 1.12 cents a year ago due to higher borrowings and expenses.
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SINGAPORE (May 25): The trustee-manager of RHT Health Trust has declared a 4Q18 distribution per unit (DPU) of 1.06 cents, down 5.4% from its quarterly DPU of 1.12 cents a year ago due to higher borrowings and expenses.

The latest set of 4Q results brings the trust’s DPU for FY18 to 4.51 cents, representing an 8.7% decline from its FY17 DPU of 4.94 cents.

Total revenue for 4Q18 grew 2.5% to $23.1 million from $22.6 million a year ago due to an increased base fee as well as higher interest charges payable by Fortis Healthcare for its service fee interest charges over the period under review.

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