Ingenia Communities Group (AU:INA) has released an update.
Ingenia Communities Group reported a 20% increase in revenue to $472,292,000 for the fiscal year ending June 30, 2024, while net profit dropped by 78% to $14,020,000. The underlying profit rose by 14%, and shareholders saw a modest increase in total distributions to 11.3 cents per security. The company’s net asset value per security slightly decreased to $3.70, and no changes in control or operational joint ventures were reported.
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