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HomeCo Daily Needs REIT Rebounds with $116.8M Profit and Steady Distributions

8:31am on Monday 2nd of June, 2025 AEST Real Estate
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HomeCo Daily Needs REIT Rebounds with $116.8M Profit and Steady Distributions

8:31am on Monday 2nd of June, 2025 AEST
Key Points
  • Half-year profit of $116.8 million, reversing prior loss of $10.7 million
  • Revenue marginally increased to $179.2 million
  • Interim distribution declared at 2.125 cents per unit
  • Net tangible assets per unit steady at $1.45
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