Australia's Charter Hall Retail REIT rises on strong half-yearly results

Charter Hall Retail REIT

14/02/2025 01:07

** Shares of Charter Hall Retail REIT  CQR.AX  rise as much
as 3.7% to A$3.40, their highest since December 3
    ** Investment and fund manager reports HY operating earnings
of A$73.1 million ($46.14 million), beating consensus estimates
of A$72.7 million
    ** Swings in HY statutory profit of A$108.6 million vs loss
of A$42.1 million last year
    ** Declares interim dividend of 12.3 Australian cents per
share
    ** Stock up ~7% YTD, including current session's moves

($1 = 1.5843 Australian dollars)

 (Reporting by Manasi Dasa Sundeep in Bengaluru)
 ((Manasi.DasaSundeep@thomsonreuters.com;))