SGX:Q5THotel and Resort REITs
Far East Hospitality Trust (SGX:Q5T) Stock Grapples With Softer Earnings And Richer Margins
Far East Hospitality Trust closed at SGD0.575 today after a weak 7 day stretch, even as its latest half year numbers pointed to something markets often overlook first: profitability quality. The headline from this earnings release is simple. Net profit margins for the trailing period sat at 42.2%, higher than the prior year’s 33.3%, which is a key signal for any Singapore listed hospitality trust.
In the very short term, traders are focused on the soft share price and interest coverage...