Sygnus Real Estate Finance says it delivered an exceptional performance for the financial year ended August 31, highlighted by a sharp jump in profitability and investment activity.
The company reported net profit attributable to stockholders of $787 million generated from total investment income of $1.61 billion.
This marks significant improvement over the previous year when net profits stood at $315.1 million and investment income at $839.2 million.
Profits for the period were underpinned by net investment income of $1.18 billion.
Management further highlighted robust capital deployment during the year with $2.66 billion put to work, including $927 million in new real estate notes.
This exceeded the approximately $2 billion in investments that were exited over the same period.
comments powered by Disqus
.jpg)
.jpg){kind=logo}
All feeds
