Ascendas Hospitality Trust announced unaudited consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company announced gross revenue was SGD 44,923,000 compared to SGD 48,052,000 for the same period a year ago. Net property income was SGD 18,700,000 compared to SGD 19,957,000 for the same period a year ago. Profit before tax from continuing operations was SGD 7,192,000 compared to SGD 6,613,000 for the same period a year ago. Profit from continuing operations, net of tax attributable to stapled security holders of the trust was SGD 5,880,000 compared to SGD 5,654,000 for the same period a year ago. Profit attributable to stapled security holders of the trust was SGD 155,358,000 compared to SGD 6,458,000 for the same period a year ago. Net asset value per stapled security was SGD 1.01. Net cash generated from operating activities was SGD 11,096,000 compared to SGD 19,021,000 for the same period a year ago. Acquisition of property, plant and equipment was SGD 2,803,000 compared to SGD 3,099,000 for the same period a year ago. EPS for the period based on the weighted average number of stapled securities in issue from continuing operations was 0.52 cents compared to 0.50 cents for the same period a year ago.