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Dexus Posts $10.3M Profit Amid AFFO Dip and Strategic Shift
8:40am on Tuesday 18th of February, 2025 AEDT
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Real Estate
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Dexus Posts $10.3M Profit Amid AFFO Dip and Strategic Shift
8:40am on Tuesday 18th of February, 2025 AEDT
Key Points
Statutory net profit of $10.3 million, reversing prior $597.2 million loss
Adjusted Funds from Operations (AFFO) declined 13.9% to $251.8 million
Distribution per security set at 19.0 cents with 81.2% payout ratio of AFFO
Strong balance sheet with pro forma gearing at 31.3% and $2.9 billion liquidity
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