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Hotel Property Investments Ltd. ( (AU:HPI) ) has provided an announcement.
Hotel Property Investments Ltd., a company with a portfolio of pub properties, reported its financial results for the first half of FY25. The company posted a profit of $16.7 million, an increase from the previous year, with net tangible assets valued at $1.26 billion. The occupancy rate remained at 100%, and the weighted average lease expiry (WALE) increased slightly to 9.2 years. These results indicate stable business operations and a solid positioning in the property investment market.
More about Hotel Property Investments Ltd.
YTD Price Performance: -0.27%
Average Trading Volume: 569,015
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$734.2M
For detailed information about HPI stock, go to TipRanks’ Stock Analysis page.