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LINK REIT Interim DPU Rises to 127.25 Cents; Total Distributable Amt Up 0.4%; Full-yr Profit Not to Exceed Previous Yr
2026-11-12 12:24:21
LINK REIT (00823.HK) announced its interim results for the period ended September this year. Total distributable amount edged up 0.4% YoY to HKD3.295 billion, while distribution per fund unit rose nearly 0.3% YoY to 127.25 cents.

LINK REIT stated that due to rising interest rates and utility costs, full-year profit was expected not to exceed the previous year's level.

Interim revenue amounted to HKD6.909 billion, down 1.6% YoY, mainly due to negative rental reversion rates in Hong Kong, reflecting the lagging recovery in essential goods retailing and the continued evolution of online consumption patterns.

Net property income fell 0.8% YoY to HKD5.135 billion. Excluding fair value changes that do not affect distributable income, net finance costs increased 5.8% YoY, mainly due to higher interest rates. As of end-September this year, the gearing ratio was 23.3%, down 0.6 ppts from 23.9% at end-March this year.
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AASTOCKS Financial News
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