Frasers Property Limited Expects Significant Decrease in 1H24 Profit

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Frasers Property Limited Expects Significant Decrease in 1H24 Profit
Frasers Property LimitedProfit DecreaseFair Value Losses
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Frasers Property Limited anticipates a decline in its attributable profit for the first half of 2024 due to fair value losses and impairment on certain commercial properties in the UK.

Frasers Property Limited expects a “significant decrease” in its attributable profit for the first half of the financial year 2024 .

The real estate firm attributed the expected drop to “fair value losses and impairment, primarily on certain commercial properties in the United Kingdom.” “These losses/impairment are non-cash in nature and arose mainly due to the weaker market sentiments,” the firm said....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

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Frasers Property Limited Profit Decrease Fair Value Losses Impairment Commercial Properties UK

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