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GPT Group Reports Revenue Growth Amid Increased Losses in 2024

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GPT Group Reports Revenue Growth Amid Increased Losses in 2024

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An announcement from GPT Group ( (AU:GPT) ) is now available.

GPT Group reported a significant increase in total revenues and other income by 31.7% for the year ended December 31, 2024. However, the company also experienced a substantial rise in net loss after income tax expense, increasing by 398.0% compared to the previous year, with no dividends declared for the period.

More about GPT Group

GPT Group operates within the real estate industry, focusing on property management and investments. It manages a diversified portfolio that includes retail, office, and logistics properties, primarily within Australia.

YTD Price Performance: 1.44%

Average Trading Volume: 1,535

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.66B

Learn more about GPT stock on TipRanks’ Stock Analysis page.

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