tiprankstipranks
Abacus Storage King Posts Robust Annual Results
Company Announcements

Abacus Storage King Posts Robust Annual Results

ABACUS STORAGE KING (AU:ASK) has released an update.

Don't Miss our Black Friday Offers:

Abacus Storage King, a recently listed company on the Australian Securities Exchange, reported strong financial results for the year ending June 30, 2024, with a total revenue of $290.5 million and a net profit after tax of $138.2 million. The company, which includes Abacus Storage Operations Limited and Abacus Storage Property Trust, announced a basic earnings per security of 10.83 cents and a final half-year distribution of 3.00 cents per security due in August. Notably, the company’s net tangible assets per security stood at $1.58, and their Distribution Reinvestment Plan will not apply to the final distribution.

For further insights into AU:ASK stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App