Retail & Hospitality Property In brief South Africa

Subscribe

Elections 2024

The Weekly Update EP:03 Khaya Sithole returns to talk on the latest news over the past week.

The Weekly Update EP:03 Khaya Sithole returns to talk on the latest news over the past week.

sona.co.za

Advertise your job ad
    Search jobs

    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

    Let's do Biz