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DLT: Profit surged 72% as asset disposals and cost controls drove debt reduction and recovery
DLT: Profit surged 72% as asset disposals and cost controls drove debt reduction and recovery
About this update from Delta Property Fund Limited
Profit rose 72% year-on-year, driven by lower finance costs and improved collections. Asset disposals and cost controls reduced debt and improved key ratios, though LTV and ICR remain outside covenant limits. Focus remains on further disposals and restoring compliance.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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