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