Thursday, January 21, 2021

CDL Hospitality Trusts net property income grows 6.4% to $35.9m (£28.02m)

Thanks to the strong contributions from the New Zealand Hotel.

CDL Hospitality Trusts posted an increase in the overall headline and bottom line for the past quarter which ended in March.

For the said quarter, its revenue increased by 3.9% to $46.4m (£36.20m) whilst its net property income improved by 6.4% to $35.9m (£28.02m).

This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

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