SGX:DCRUSpecialized REITs
Digital Core REIT (SGX:DCRU) Return Earnings Supports Bullish Narrative
Digital Core REIT (SGX:DCRU) just returned to profitability after a brief cross over into the red, reporting net profit margins on the rise over the last year and an average annual earnings growth of 88.5% across the past three years. Notably, recent results in FH2 2024 include a major one-off gain of $251.6 million, which slighlty complicates comparison to prior periods. However, despite recording lower GAAP net income, the quality of the earnings can't be questioned...