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Charter Hall Long WALE REIT Achieves Turnaround with $118.3 Million Profit

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Charter Hall Long WALE REIT Achieves Turnaround with $118.3 Million Profit

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The latest announcement is out from Charter Hall Long WALE REIT ( (AU:CLW) ).

Charter Hall Long WALE REIT reported a significant turnaround with a statutory profit of $118.3 million for the year ending June 30, 2025, compared to a loss of $510.9 million in the previous year. Despite a 16.4% decline in revenue from ordinary activities, the REIT’s operating earnings were $178.6 million, slightly down from the previous year. The REIT declared a distribution of $178.1 million, equating to 25.0 cents per stapled security. The financial results reflect strategic management and operational resilience, impacting stakeholders positively by restoring profitability and maintaining consistent distributions.

The most recent analyst rating on (AU:CLW) stock is a Hold with a A$4.08 price target. To see the full list of analyst forecasts on Charter Hall Long WALE REIT stock, see the AU:CLW Stock Forecast page.

More about Charter Hall Long WALE REIT

Charter Hall Long WALE REIT is a real estate investment trust in Australia, comprising the Charter Hall Direct Industrial Fund and the LWR Finance Trust. The REIT focuses on long-term lease agreements, primarily in the industrial sector, providing stable income streams through its diversified portfolio of properties.

Average Trading Volume: 1,162,770

Technical Sentiment Signal: Buy

Current Market Cap: A$2.93B

See more insights into CLW stock on TipRanks’ Stock Analysis page.

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