Abacus Property Group operates in the Nonresidential building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Abacus Property Group with three other
companies in this sector in Australia:
Growthpoint Properties Australia Ltd
(2019
sales of 276.05 million Australian Dollars [US$188.56 million]
of which 63%
was Office),
Charter Hall Retail REIT
(200.10 million Australian Dollars [US$136.68 million]
of which 100%
was Australian Operations), and
Shopping Centres Australasia Property Group Re Limited
(270.00 million Australian Dollars [US$184.43 million]
).
Sales Analysis.
Abacus Property Group reported sales of A$270.41 million (US$184.71 million)
for the
fiscal
year ending
June of 2019.
This
represents
a
decrease of 12.2%
versus 2018, when the company's sales were A$307.92 million.
Contributing to the drop in overall sales was the 76.0% decline
in Other, from A$39.63 million to A$9.51 million.
There were also decreases in sales in
Property Investments Commercial (down 5.8% to A$149.26 million)
and
Property Development (down 32.3% to A$100.74 million)
and
Unallocated (down 59.1% to A$419,000.00 )
.
However, these declines were partially offset by the increase in sales of
Property Investments Storage (up 4.0% to A$130.11 million)
.