CMW 0.00% 39.5¢ cromwell property group

HALF-YEAR FY2023 MARKET UPDATEHY23 RESULTS OVERVIEW Statutory...

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    HALF-YEAR FY2023 MARKET UPDATE
    HY23 RESULTS OVERVIEW
     Statutory loss of $129.5 million (HY22 $132.5 million profit), due to a fall in property valuations;
     Operating profit of $87.1 million (HY22 $96.4 million), equivalent to 3.33 cents per security;
     HY23 distributions of 2.75 cents per security, for a payout ratio on operating profit of 82.6% and
    103.4% of adjusted funds from operations (AFFO); and
     Net Tangible Assets of $0.97 (FY22 $1.04), gearing at 41.8% (FY22 39.6%).

    Dec 22 NTA for you emboldened
 
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