360 Capital REIT (AU:TOT) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
360 Capital REIT has released its Preliminary Financial Report for the fiscal year ending 30 June 2024, reporting a significant reduction in the loss attributable to stapled securityholders by 54.2% compared to the previous year, despite a 7.2% decrease in revenue. The company also announced fully franked quarterly distributions, totaling 5.25 cents per security for the year, a decrease from the previous year’s total of 6.00 cents per security. The Fund’s net tangible asset per security has also decreased to $0.61 from $0.91 the previous year.
For further insights into AU:TOT stock, check out TipRanks’ Stock Analysis page.