An update from Star Asia Investment Corp. ( (JP:3468) ) is now available.
Star Asia Investment Corporation has announced an upward revision of its operating results and distribution forecasts for the 18th fiscal period ending January 31, 2025. This revision is primarily due to higher-than-expected variable rent from the hotels owned by the corporation, resulting in a significant increase in cash distribution per unit. The revision reflects a positive impact on the company’s financial performance, indicating strong operational results and potentially enhancing its market position.
More about Star Asia Investment Corp.
Star Asia Investment Corporation is a Real Estate Investment Trust (REIT) focusing on securities issuance. The company is involved in asset management through its subsidiary, Star Asia Investment Management Co., Ltd., and operates primarily in the real estate sector.
YTD Price Performance: 3.78%
Average Trading Volume: 9,101
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen139.7B
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