YTL Hospitality REIT fourth quarter earnings 11% up


PETALING JAYA: YTL Hospitality Real Estate Investment Trust (REIT) recorded a 10.95% jump in earnings to RM67.55mil for the fourth quarter to June 30 on the back of the better performance of its Australian properties as a result of an increase in room sales following the completion of a refurbishment exercise.

Its Australian properties contributed some 67.73% of total revenue in the current quarter.

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Business , YTL , Reit , hospitality

   

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