Picture of Dexus Industria REIT logo

DXI — Dexus Industria REIT News Story

0.000.00%
au flag iconLast trade - 00:00
FinancialsConservativeMid CapSuper Stock

Australia's Dexus Industria REIT falls on softer outlook, weaker annual profit

BUZZ-Australia's Dexus Industria REIT falls on softer outlook, weaker annual profit

** Shares of Dexus Industria REIT DXI.AX fall as much as 4.1% to A$2.360, marking their biggest intraday pct drop since March 30

** Shares hit their lowest level since June 9

** Real estate investment trust reports FY statutory NPAT of A$74.4 million ($52.50 million), down from A$84.2 million in the prior year due to lower property valuation gains

** Sees FY27 funds from ops of 17 AU cents per security, lower than FY26's 17.6 AU cents

** Nearly 1 mln shares traded so far, 1.5x the 30-day average

** Stock last down 2.9%, bringing YTD losses to 11.2%

($1 = 1.4170 Australian dollars)


(Reporting by Subhalakshmi Dey in Bengaluru)

((Subhalakshmi.Dey@thomsonreuters.com;))

Recent news on Dexus Industria REIT

See all news