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Samty Residential Updates 19th Fiscal Forecast Amid Asset Dispositions
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Samty Residential Updates 19th Fiscal Forecast Amid Asset Dispositions

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Samty Residential Investment Corp. ( (JP:3459) ) just unveiled an announcement.

Samty Residential Investment Corporation has revised its forecast for the 19th fiscal period ending January 2025, citing changes due to the disposition of assets. The revised forecast shows an increase in operating revenue and net income, reflecting a positive adjustment in distribution per unit, which indicates a stronger financial performance than previously anticipated. The impact on the next fiscal period is expected to be minor, with no changes in the management status forecast.

More about Samty Residential Investment Corp.

Samty Residential Investment Corporation operates in the real estate investment trust (REIT) industry, primarily focusing on residential properties. The company is managed by Samty Asset Management Co., Ltd., and it aims to provide stable income distribution to its investors through strategic management of its real estate portfolio.

YTD Price Performance: 0.75%

Average Trading Volume: 1,398

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen79.9B

See more data about 3459 stock on TipRanks’ Stock Analysis page.

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