Dexus (ASX:DXS) report their first half net profit after tax is $442.9 million, down 55.5 per cent primarily due to net revaluation gains being lower than those recognised in the previous corresponding period.
The revaluation gains of $160.8 million were less than the $563.6 million reported at the same time last year.
They confirmed a distribution of 28.8 cents per security.
Shares in Dexus (ASX:DXS) are trading 0.17 per cent lower at $8.71.
19 Dec 2019 - Rare metals miner Lynas Corporation (ASX:LYC) has been given a boost from the Western Australian government with the company’s project to build a Rare Earths processing plant in Kalgoorlie awarded Lead Agency status.
01 Nov 2019 - ARB Corporation (ASX:ARB) has developed a new, co-branded product as part of its collaboration with the Ford Motor Company in North America.
04 Dec 2019 - Biotech company CSL (ASX:CSL) is advancing its Research & Development (R&D) pipeline and capabilities to deliver a highly differentiated product portfolio mix, addressing a broader range of patients’ unmet needs.
28 Jul 2020 - Westpac (ASX:WBC) appoints Scott Collary as its new COO, its Group Executive Gary Thursby is set to depart, and announces a new Group Operating Office.
12 Dec 2019 - Downer EDI (ASX:DOW) has won a five-year contract, valued at approximately $520 million, to plan, design and deliver water and wastewater infrastructure for Logan City Council (LCC).