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Frontier Real Estate Investment Corporation ( (JP:8964) ) has issued an update.
Frontier Real Estate Investment Corporation reported its financial results for the 41st fiscal period ending December 31, 2024, showing a modest increase in operating revenue and income. The company achieved a 1.0% increase in operating revenue and a 1.4% rise in operating income compared to the previous period. Despite these positive results, the distribution per unit decreased slightly, which the company attributes to a stock split effective at the start of the fiscal period. The financial position remained stable with a slight increase in equity ratio, and cash flows from operating activities remained strong, although there was a decrease in cash flows from investing and financing activities.
More about Frontier Real Estate Investment Corporation
Frontier Real Estate Investment Corporation is a real estate investment trust (REIT) listed on the Tokyo Stock Exchange, with securities code 8964. It is managed by Mitsui Fudosan Frontier REIT Management Inc. The company focuses on real estate investment and management, operating under Japanese GAAP standards.
YTD Price Performance: 1.29%
Average Trading Volume: 5,937
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen212.9B
Learn more about 8964 stock on TipRanks’ Stock Analysis page.