Australia's Dexus swings to half year profit

Reuters

2025/02/18

Australia's <a href="https://laohu8.com/S/DXS.AU">Dexus</a> swings to half year profit

Feb 18 (Reuters) - Australian property giant Dexus DXS.AX on Tuesday swung to a profit of A$10.3 million ($6.55 million) for the six months ended December 2024, from a loss of A$597.2 million in the prior period, driven by stabilizing capitalisation rates and reduced fair valuation losses.

($1 = 1.5736 Australian dollars)

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com;))

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