TOKYU REIT (JP:8957) has released an update.
TOKYU REIT Reports Increased Earnings and Distributions for Fiscal Period Ended July 2024, with a 7.9% rise in operating revenues and a 7.7% increase in net income compared to the previous period. The company also announced a distribution per unit of 3,800 yen, marking a slight increase from 3,750 yen in the prior period. Looking ahead, forecasts for the fiscal periods ending January 2025 and July 2025 indicate a potential decline in performance metrics, including operating revenues and net income.
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