Australia's BWP Trust gains on upbeat HY earnings

BWP Trust

04/02/2025 23:34

** Shares of BWP Trust  BWP.AX  rise 1.5% to A$3.34
    ** Stock eyes best session since Dec. 17, 2024
    ** Real estate investment trust posts HY profit attributable
of A$157.1 mln ($98.23 mln) versus A$53.2 mln from a year
earlier
    ** Co's posts interim distribution per unit of 9.20 AU cents
and provides distribution outlook of 9.46 AU cents/unit for 2H25
    ** Adds, HY revenue from ordinary activities of A$100.6 mln
vs A$82.3 mln
    ** Stock is largely unchanged this year as of last close


($1 = 1.5992 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com;))