3rd Mar 2023 14:16
Triple Point Social Housing REIT PLC - London-based real estate investment trust - In 2022, total income is GBP35.3 million, up 6.6% from GBP33.1 million a year ago. Total annualised income rises to GBP39.0 million from GBP35.8 million. Pretax profit, however, falls by 12% to GBP24.9 million from GBP28.4 million, despite operating profit rising to GBP35.7 million from GBP35.2 million a year ago. Total expenses rise to GBP7.9 million from GBP6.9 million. Net tangible assets per share amounts to 109.06 pence at December 31, up from 0.7% from 108.27p on the same date a year ago. Declares a total dividend of 5.46 pence per share, up 5.0% from 5.20p a year prior. Looking ahead, says it is currently considering "making accretive share buybacks and the potential sale of a portfolio, and so any future deployment will need to be considered in this context". Read More
