Reef Casino Trust Expects Higher Distribution for Six Months Ending December 31

MT Newswires Live

2024/12/04

Reef Casino Trust (ASX:RCT) said its estimated distribution is about AU$0.1137 per unit for the six months to Dec. 31, totaling roughly AU$5.7 million, up from AU$0.0871 in the fiscal first half, according to a Wednesday filing with the Australian bourse.

The actual distribution will be decided at its board meeting on Feb. 20, 2025, the filing said.

The estimated total distributable profit for 2024 is around AU$10 million, or AU$0.2008 per share. Actual distributable profit in 2023 was AU$10.7 million.

Additionally, net profit for 2024 is estimated to be around AU$5 million after deducting distributions to unitholders, according to the filing.

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Actual distributable profit in 2023 was AU$10.7 million.</p><p>Additionally, net profit for 2024 is estimated to be around AU$5 million after deducting distributions to unitholders, according to the filing.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RCT.AU","symbol_name":"Reef casino","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2488185633","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488185633","pubTimestamp":1733279273,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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