YTL Starhill Global’s net property income inches up in FY2025
The company attributes this to higher contributions from Singapore and Perth Properties.
CDL Hospitality Trusts (CDLHT) reported a 0.8% year-on-year (YoY) increase in net property income (NPI) to $150.2m for the financial year 2025.
The company attributes this to higher contributions from Singapore and Perth Properties, as well as appreciation of the Malaysian ringgit against the Singapore dollar.
Gross revenue for the period increased by 1.2% YoY to $192.1m, whilst distributable income available grew 3.7% to $87.8m.
Distribution per unit stood at $0.0365 cents, representing an annual yield of 7.2% based on the closing unit price of $0.51 as at 30 June 2025.