Newpark REIT First Half 2024 Earnings: FFO per share: R0.4 (vs R0.31 in 1H 2023)

Newpark REIT (JSE:NRL) First Half 2024 Results

Key Financial Results

• Revenue: R68.8m (up 16% from 1H 2023).
• Funds from operations (FFO): R40.2m (up 29% from 1H 2023).
• FFO margin: 58% (up from 52% in 1H 2023).
• FFO per share: R0.4 (up from R0.31 in 1H 2023).

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

Newpark REIT's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Newpark REIT (of which 1 can't be ignored!) you should know about.

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