Vital Healthcare Property Trust Second Quarter 2023 Earnings: NZ$0.031 FFO loss per share (vs NZ$0.03 profit in 2Q 2022)

Vital Healthcare Property Trust (NZSE:VHP) Second Quarter 2023 Results

Key Financial Results

• Revenue: NZ$41.5m (up 26% from 2Q 2022).
• Funds from operations (FFO) loss: NZ$19.3m (down by 220% from NZ$16.1m profit in 2Q 2022).
• NZ$0.031 FFO loss per share (down from NZ$0.03 profit in 2Q 2022).

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

Vital Healthcare Property Trust Earnings Insights

Looking ahead, revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the REITs industry in New Zealand.

Performance of the New Zealander REITs industry.

The company's shares are down 3.3% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Vital Healthcare Property Trust has 4 warning signs (and 1 which is potentially serious) we think you should know about.

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