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Activia Properties ( (JP:3279) ) has issued an update.
Activia Properties Inc. reported a decrease in operating revenue and profit for the fiscal period ended November 30, 2024, compared to the previous period. The company’s operating revenue fell by 1.3% to 15,708 million yen, while operating profit decreased by 7.2% to 7,802 million yen. Ordinary profit and profit both declined by 9.0%. Despite these declines, cash distributions per unit remained stable at 9,300 yen, with a total distribution amount of 7,366 million yen. The financial position showed a slight decrease in total assets and net assets, while cash flows from operating activities decreased significantly. This financial performance indicates challenges in maintaining profitability amidst fluctuating market conditions.
More about Activia Properties
Activia Properties Inc. is a real estate investment company listed on the Tokyo Stock Exchange under securities code 3279. The company is managed by TLC REIT Management Inc. and focuses on real estate investment trusts (REITs) to generate revenue through property investments.
YTD Price Performance: 3.16%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €1.62B
For an in-depth examination of 3279 stock, go to TipRanks’ Stock Analysis page.
