Charter Hall Group Announces Financial Downturn
Company Announcements

Charter Hall Group Announces Financial Downturn

Charter Hall Group (AU:CHC) has released an update.

Charter Hall Group has reported a significant decrease in revenue and profit after tax for the fiscal year ended June 30, 2024, compared to the previous year, with revenue down by 31.3% and profit after tax turning to a loss of $222.1 million. Despite these results, operating earnings per stapled security saw a smaller decline of 18.8%. The company also announced changes in dividends and distributions, and the establishment and wind-up of several controlled entities within the year.

For further insights into AU:CHC stock, check out TipRanks’ Stock Analysis page.

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