Comforia Residential REIT Reports Decreased Profits

Comforia Residential REIT, Inc. (JP:3282) has released an update.

Comforia Residential REIT, Inc. reports a decrease in operating revenue, operating profit, ordinary profit, and profit for the fiscal period ended July 31, 2024, compared to the previous period. Despite the decline, the company maintains a steady cash distribution per unit and forecasts a slight decrease in financial results for the upcoming periods ending January 31, 2025, and July 31, 2025. The company’s financial position remains robust with a capital adequacy ratio of 46.4%.

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