Daiwa House REIT Investment First Half 2024 Earnings: EPS: JP¥4,473 (vs JP¥4,795 in 1H 2023)

Daiwa House REIT Investment (TSE:8984) First Half 2024 Results

Key Financial Results

• Revenue: JP¥29.6b (flat on 1H 2023).
• Net income: JP¥10.4b (down 6.7% from 1H 2023).
• Profit margin: 35% (down from 38% in 1H 2023).
• EPS: JP¥4,473 (down from JP¥4,795 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Daiwa House REIT Investment Earnings Insights

Looking ahead, revenue is forecast to decline by 4.7% p.a. on average during the next 3 years, while revenues in the REITs industry in Japan are expected to remain flat.

Performance of the Japanese REITs industry.

The company's shares are up 2.0% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Daiwa House REIT Investment you should know about.

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