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The latest update is out from Charter Hall Group ( (AU:CHC) ).
In its half-year financial report ending December 31, 2024, Charter Hall Group announced a revenue decline of 8% compared to the previous year, totaling $283.6 million. However, the company reported a significant turnaround in profit, achieving a post-tax profit of $61.1 million, a stark improvement from the previous year’s loss. Operating earnings showed a slight increase, reinforcing the company’s stable underlying performance. The firm also announced the establishment of new wholly-owned entities, indicating strategic expansion.
More about Charter Hall Group
Charter Hall Group is a leading property investment management company, primarily involved in owning and managing real estate assets across various sectors, including office, retail, and industrial properties. The company’s market focus is on providing property investments and management solutions, catering to a wide range of stakeholders, including investors and tenants.
YTD Price Performance: 14.69%
Average Trading Volume: 763
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.95B
Find detailed analytics on CHC stock on TipRanks’ Stock Analysis page.
