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An announcement from BWP Trust ( (AU:BWP) ) is now available.
BWP Trust announced its financial results for the half-year ending 31 December 2024, showing a significant increase in revenue and profit. Revenue from ordinary activities rose by 22% to $100.574 million, and profit from ordinary activities attributable to unitholders surged by 195% to $157.110 million compared to the previous period. The net tangible assets per unit also increased by 5% to $3.92. The interim distribution per unit rose slightly by 2%, and the Distribution Reinvestment Plan remains effective for future distributions. These results reflect strong financial performance and stability, positioning BWP Trust favorably within the market and providing substantial returns to its stakeholders.
More about BWP Trust
BWP Trust is an investment company operating within the real estate sector, primarily focused on owning and managing a portfolio of large format retail properties across Australia. Their market focus is on generating stable and growing income distributions for unitholders through strategic property management and investment.
YTD Price Performance: 1.83%
Average Trading Volume: 1,185,135
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$2.38B
For a thorough assessment of BWP stock, go to TipRanks’ Stock Analysis page.
