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Nippon Prologis REIT, Inc. ( (JP:3283) ) has provided an update.
Nippon Prologis REIT, Inc. announced its financial results for the 24th fiscal period ending November 30, 2024, reporting slight increases in operating revenues by 2.2% to 31,053 million yen. However, operating income saw a minor decrease of 0.2%, and net income was also slightly down by 0.3%. The company forecasts a significant improvement in the fiscal periods ending May 31, 2025, and November 30, 2025, with expected increases in operating revenues and income, suggesting a positive outlook for future growth.
More about Nippon Prologis REIT, Inc.
Nippon Prologis REIT, Inc. operates in the real estate investment industry, focusing on logistics facilities. The company is listed on the Tokyo Stock Exchange and is managed by Prologis REIT Management K.K.
YTD Price Performance: 1.44%
Average Trading Volume: 11,962
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen641.9B
Learn more about 3283 stock on TipRanks’ Stock Analysis page.