$Industrial Logistics Properties Trust (ILPT.US)$It is an in...
$Industrial Logistics Properties Trust (ILPT.US)$It is an industrial and logistics real estate company that was listed in 2018. Since its listing, its revenue has fluctuated and grown. Operating profit has basically stabilized at around 100 million yuan. It continued to be profitable in the first 4 years. In 2022, large borrowing caused interest expenses to skyrocket, net profit turned into a sharp loss, and continued to lose money in the first half of 2023.
Despite the current net market ratio of 0.32, we will wait and see until the loss situation improves.
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