Australia's Dexus Convenience Retail REIT rises on upbeat FY results

Dexus Convenience Retail REIT

08/08/2022 02:03

** Dexus Convenience Retail REIT  DXC.AX  rises as much as
4.4% to A$3.060 - set to mark best session since Aug. 13, 2020,
if gains hold
    ** Co posts https://www.asx.com.au/asxpdf/20220808/pdf/45cmm1h1qqgfx8.pdf
 FY net profit attributable of A$82.6 mln  ($57.05 mln),
compared with A$73.8 mln a year ago
    ** Posts FY revenue from ordinary activities of A$55.4 mln,
up 34.6% from the same period of last year
    ** DXC confirms FY distribution of 23.1 Australian cents per
security
    ** Down ~18.4% this year, as of last close 


($1 = 1.4478 Australian dollars)

 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))