Dexus (ASX:DXS) report NPAT up 36.9%

Company News

by Rachael Jones

Office landlord Dexus (ASX:DXS) report net profit after tax of $994.2 million, up 36.9 per cent.

This is primarily due to net revaluation gains of investment properties being higher than those recognised in the previous corresponding period.

The company maintained high occupancy of 97.4 per cent for Dexus office and 96 per cent for Dexus industrial portfolios.

Shares in Dexus (ASX:DXS) are flat at $12.89.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.