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DLT: Net profit returned to R127.0m, but covenant breaches and going concern risks persist
DLT: Net profit returned to R127.0m, but covenant breaches and going concern risks persist

About this update from Delta Property Fund Limited
Net profit rebounded to R127.0m from a prior loss, supported by improved rental collections, lower costs, and asset disposals. LTV and ICR remain above and below lender covenants, respectively, with going concern uncertainty mitigated by ongoing debt reduction and facility extensions.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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