realestate

Frontier Real Estate Investment Corp. Posts Steady Revenue Increase in Latest Fiscal Period

Frontier Real Estate Investment Corporation ($JP:8964) Issues Financial Results Update

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    Frontier Real Estate Investment Corporation (8964.T) has just released its latest financial update.

    The company's 41st fiscal period ending December 31, 2024, saw modest gains in operating revenue and income. Operating revenue ticked up 1.0%, while operating income rose 1.4% compared to the previous period. However, distribution per unit dipped slightly due to a stock split at the start of the fiscal year.

    Despite this, Frontier's financials remain stable, with a slight increase in equity ratio and robust cash flows from operating activities. Investing and financing activities saw a decrease, but overall, the company's position remains solid.

    A Closer Look at Frontier Real Estate Investment Corporation

    This Tokyo-listed REIT (8964.T) is managed by Mitsui Fudosan Frontier REIT Management Inc. and operates under Japanese GAAP standards. Its focus on real estate investment and management has yielded a stable financial profile.

    Key Metrics:

    * YTD Price Performance: 1.29%

    * Average Trading Volume: 5,937

    * Technical Sentiment Consensus Rating: Buy

    * Current Market Cap: ¥212.9B

    Explore more about 8964 stock on TipRanks' Stock Analysis page.

Frontier Real Estate Investment Corp. reports steady revenue growth in latest fiscal period.