Oryx Properties Limited

Oryx profit expected to be 30% higher

Oryx profit expected to be 30% higher

CHAMWE KAIRA Oryx Properties Limited anticipates profit for the year ended 30 June 2024 and earnings per share to be substantially higher (more than 30%) than the corresponding period, whilst headline earnings and distributable income is expected to be materially higher (between 10% and 30%) than the corresponding period. The company’s premium retail properties include the regional centre Maerual Mall Retail and Gustav Voigts Retail Centre. The company aims to attract and retain quality tenants with a vacancy rate of 5.91% across commercial properties and 11.19% for residential complexes. In a trading statement, Oryx said distribution per linked unit is…
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