Japan Hotel Reit Investment Corp (8985.T) Key Developments | Reuters.com
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Japan Hotel REIT Investment Corp raises financial guidance for profit and distribution per unit forecast for fiscal period ending Dec. 2014

Wednesday, 20 Aug 2014 02:15am EDT 

Japan Hotel REIT Investment Corp:Raises operating revenue guidance to 12,667 million yen from 11,964 million yen for fiscal period ending Dec. 2014.Raises guidance for operating profit to 7,260 million yen from 6,684 million yen.Raises guidance for ordinary profit to 5,496 million yen from 5,074 million yen.Raises guidance for net profit to 5,494 million yen from 5,072 million yen.Raises distribution per unit forecast to 2,058 yen from 1,940 yen.Says the hike resulted from increased rents and acquisition of properties. 

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-4200.0 -4.61%
24 Jun 2016