Real Estate Investors (LON:RLE) First Half 2023 Results
Key Financial Results
Revenue: UK£6.06m (down 16% from 1H 2022).
Net loss: UK£779.0k (down by 109% from UK£8.33m profit in 1H 2022).
UK£0.005 loss per share (down from UK£0.046 profit in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Real Estate Investors Earnings Insights
Looking ahead, revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 1.9% decline forecast for the REITs industry in the United Kingdom.
The company's share price is broadly unchanged from a week ago.
Before you take the next step you should know about the 5 warning signs for Real Estate Investors (1 doesn't sit too well with us!) that we have uncovered.
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