Australian Unity Office Fund (AU:AOF) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
The Australian Unity Office Fund reported a significant decrease in total revenues and a striking loss after tax for unitholders, with revenues down 21.1% and losses deepening over 1,282% compared to the prior year. Despite the downturn, the fund maintained distributions throughout the year, albeit with a decrease in funds from operations by 12.9%. Net tangible assets per security also fell from $1.91 to $1.39, reflecting a challenging financial period for the fund.
For further insights into AU:AOF stock, check out TipRanks’ Stock Analysis page.