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LINK REIT Turns South by 4% in Afternoon; Interim DPU Down 5.9% YoY
Recommend 22 Positive 40 Negative 49 |
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LINK REIT (00823.HK) concluded at HKD42.3 at midday, up 2.03%. It announced at noon that its distribution per unit sank 5.9% YoY. The stock turned from gains to losses in the afternoon, last trading at HKD39.8, down 4%, with a trading volume of 8.0674 million shares, involving HKD335 million. As of the end of September 2025, the company's interim total distributable amount shed 5.6% YoY to HKD3.283 billion. The distribution per unit sank 5.9% YoY to HKD126.88 cents. As of September 30, 2025, the net gearing ratio was 22.5%, compared to 21.5% at the end of March. During the period, revenue faded 1.8% YoY to HKD7.023 billion, and net property income fell by 3.4% to HKD5.178 billion, mainly due to negative rental reversions in Hong Kong and the Chinese Mainland, reflecting headwinds in the macro environment and retail sector. AASTOCKS Financial News Website: www.aastocks.com |
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