• Revenue from ordinary activities down 2.0% to $55.9 million
• Net profit after tax increased to $39.4 million
• Funds from operations (FFO) and distributions per security both down 1.5%

Dexus Convenience Retail REIT (ASX:DXC) has released its financial results for the year ended 30 June 2025. The REIT reported revenue from ordinary activities of $55.9 million, a 2.0% decrease from the previous year. Net profit attributable to security holders after tax increased significantly to $39.4 million, up from $3.4 million in the prior year. Funds from operations (FFO), which the directors consider a key measure of the group's underlying performance, decreased by 1.5% to $28.4 million. Distributions to security holders also declined by 1.5% to $20.65 per security. The REIT's total assets stood at $736.4 million as of 30 June 2025, down 6.2% from the previous year, while total borrowings decreased by 16.6% to $215.5 million. Security holders' equity increased by 1.8% to $501.8 million, and the REIT's market capitalization grew by 12.6% to $418.8 million. The net tangible assets per security increased by 2.2% to $3.64.