#JustIn: Oryx expects bumper profit
Locally-listed Oryx Properties, owner of, among other, Maerua Mall in Windhoek and Dunes Mall in Walvis Bay, expects its profit for the year ended 30 June 2024 to be more than 30% higher than its previous book-year.
Headline earnings and distributable income are anticipated to be between 10% and 30% higher, Oryx said in a trading statement on the Namibian Stock Exchange (NSX).
Distribution per linked unit, however, is expected to be less than 10% lower than the previous period as a result of the higher number of linked units in issue.
Oryx’s audited results for the year ended 30 June 2024 are expected to be published on or about 13 September.
The property group is listed on the Local Index of the NSX.
Headline earnings and distributable income are anticipated to be between 10% and 30% higher, Oryx said in a trading statement on the Namibian Stock Exchange (NSX).
Distribution per linked unit, however, is expected to be less than 10% lower than the previous period as a result of the higher number of linked units in issue.
Oryx’s audited results for the year ended 30 June 2024 are expected to be published on or about 13 September.
The property group is listed on the Local Index of the NSX.