Australia's HomeCo Daily Needs REIT slips as HY profit falls

HomeCo Daily Needs REIT

20/02/2023 02:46

** Shares of HomeCo Daily Needs REIT  HDN.AX  fall as much
as 2.1% to A$1.273
    ** Real estate investment trust posts HY profit from
ordinary activities after tax A$95.4 mln ($65.67 mln) vs A$120.6
mln
    ** HY revenue from ordinary activities at A$166.5 mln vs
A$56.9 mln
    ** Co reaffirms FY23 distribution per unit forecast of 8.3
AU cents
    ** Stock up 1.2% this year, as of last close
    ($1 = 1.4526 Australian dollars)
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))