Australia's Waypoint Reit eyes worst day in over a month on FY loss

Waypoint REIT

26/02/2024 02:47

** Shares of Waypoint Reit  WPR.AX  fall as much as 3.2% to
A$2.43, their lowest since Feb. 6
    ** Shares on track for their worst day since Jan. 18
    ** Co posts FY net loss after tax of A$79.1 mln (~$52 mln)
versus profit of A$133.8 mln
    ** Revenue from ordinary activities fell 2.6%
    ** Stock has risen 2.9% this year, as of last close 
 
 ($1 = 1.5265 Australian dollars)

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