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F.F.I. Holdings Ltd. ( (AU:FFI) ) just unveiled an announcement.
F.F.I. Holdings Ltd announced a new 10-year lease agreement for one of its investment properties with a Western Australian government agency, following the expiration of a previous lease. The new lease, which includes an option for two additional five-year terms, will generate an annual income of $0.938 million. The company expects one-off costs of approximately $0.38 million for securing the lease, but the asset value will remain unchanged from its June 2025 financial accounts. The directors are pleased with the agreement due to the lease’s length, the lessee’s quality, and the security of future cash flows.
More about F.F.I. Holdings Ltd.
F.F.I. Holdings Ltd is a Western Australian-based investment and operating company that focuses on generating sustainable, long-term shareholder value through food manufacturing and property investment. The company’s food manufacturing operations include a diverse range of products such as chocolate, cake toppings, confectionery products, bakers’ jams, fruit fillings, snack foods, and contract packing. Its property investment portfolio is strategically located in the rapidly developing Cockburn Central industrial area in Western Australia. This dual-sector strategy provides balance and security, allowing the company to capitalize on market opportunities while mitigating risk.
Average Trading Volume: 2,576
Technical Sentiment Signal: Buy
Current Market Cap: A$57.68M
For an in-depth examination of FFI stock, go to TipRanks’ Overview page.