Delta Property Fund LimitedJSE: DLT

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

· Issued by 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.

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