Stock Track | Link REIT Shares Plunge as Attributable Loss Widens Despite Revenue Growth

Stock Track11-07

Shares of Link Real Estate Investment Trust (Link REIT) plummeted by 6.18% on Wednesday morning, after the company reported a widening attributable loss to unitholders in its interim results for the half-year ended September 30.

According to a filing with the Hong Kong Exchange, Link REIT's attributable loss to unitholders widened to HK$3.68 billion, up from HK$3.37 billion in the same period last year. This translated to a loss per unit of HK$1.44, compared to HK$1.33 in the previous year.

Despite the wider loss, Link REIT's revenue grew by 6.4% to HK$7.15 billion from HK$6.73 billion a year earlier. However, investors seemed to focus more on the larger attributable loss, leading to the sharp sell-off in the company's shares on Wednesday morning.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1131106036?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-07 10:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1131106036","market":"hk","top_or_hot":-1,"title":"Stock Track | Link REIT Shares Plunge as Attributable Loss Widens Despite Revenue Growth","media":"Stock Track","content":"<p>Shares of Link Real Estate Investment Trust (Link REIT) plummeted by 6.18% on Wednesday morning, after the company reported a widening attributable loss to unitholders in its interim results for the half-year ended September 30.</p>\n\n<p>According to a filing with the Hong Kong Exchange, Link REIT's attributable loss to unitholders widened to HK$3.68 billion, up from HK$3.37 billion in the same period last year. This translated to a loss per unit of HK$1.44, compared to HK$1.33 in the previous year.</p>\n\n<p>Despite the wider loss, Link REIT's revenue grew by 6.4% to HK$7.15 billion from HK$6.73 billion a year earlier. However, investors seemed to focus more on the larger attributable loss, leading to the sharp sell-off in the company's shares on Wednesday morning.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Link REIT Shares Plunge as Attributable Loss Widens Despite Revenue Growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Link REIT Shares Plunge as Attributable Loss Widens Despite Revenue Growth\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-07 10:18 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Link Real Estate Investment Trust (Link REIT) plummeted by 6.18% on Wednesday morning, after the company reported a widening attributable loss to unitholders in its interim results for the ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00823","symbol_name":"领展房产基金","start_time":0,"source_url":"","article_id":"1131106036","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1131106036","pubTimestamp":1730945938,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Link Real Estate Investment Trust  plummeted by 6.18% on Wednesday morning, after the company reported a widening attributable loss to unitholders in its interim results for the half-year ended September 30.According to a filing with the Hong Kong Exchange, Link REIT's attributable loss to unitholders widened to HK$3.68 billion, up from HK$3.37 billion in the same period last year. This translated to a loss per unit of HK$1.44, compared to HK$1.33 in the previous year.Despite the wider","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00823":"领展房产基金"},"translate_title":"尽管收入增长，但归属亏损扩大，领汇房地产投资信托基金股价暴跌","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00823":1},"content_text":"Shares of Link Real Estate Investment Trust (Link REIT) plummeted by 6.18% on Wednesday morning, after the company reported a widening attributable loss to unitholders in its interim results for the half-year ended September 30.\nAccording to a filing with the Hong Kong Exchange, Link REIT's attributable loss to unitholders widened to HK$3.68 billion, up from HK$3.37 billion in the same period last year. This translated to a loss per unit of HK$1.44, compared to HK$1.33 in the previous year.\nDespite the wider loss, Link REIT's revenue grew by 6.4% to HK$7.15 billion from HK$6.73 billion a year earlier. However, investors seemed to focus more on the larger attributable loss, leading to the sharp sell-off in the company's shares on Wednesday morning.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1131106036"}