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Hospitality H1 distributable earnings per combined linked unit down 7.4% to 82.45c
Property group Hospitality (HPB‚ HBA) said on Wednesday interim distributable earnings per combined linked unit to end December were down 7.4% to 82.45c.
The A-linked unit distribution of 73.33c (2014: 69.83c) showed a 5% increase‚ consistent with the forecast and the distribution policy. The distribution of the B-linked unit declined 52.6% to 9.12c (2014: 19.25c)‚ in line with the forecast of 9c.
The short-term outlook for the economy and the hospitality sector remains uncertain‚ it said.
Source: I-Net Bridge
