BUZZ-Australia's <a href="https://laohu8.com/S/CTOUF">Charter Hall</a> Social Infrastructure REIT hits more than 2-year high on upbeat FY results** Charter Hall Social Infrastructure REIT CQE.AX rises as much as 7.5% to A$3.31, highest since February 20, 2023
** Stock last up 5.4%; set for best session since February 11
** Social infra-focused real estate investment trust reports FY revenue of A$118.4 mln ($77 mln), above IBES forecast of A$117.2 mln
** Logs turnaround to attributable profit from ordinary activities after tax of A$71 mln vs loss of A$19.6 mln pcp
** YTD CQE gains 26.1%
($1 = A$1.5349)
(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@thomsonreuters.com;))
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