Latest news with #UHT
Otago Daily Times
9 hours ago
- Business
- Otago Daily Times
Dairy revenue up: Yili Group
Zhiqiang Li Upgrades to the Oceania Dairy plant in Glenavy have helped China-based parent company Yili Group boost New Zealand revenue growth, the company reports. Yili Group-owned dairy companies Westland Milk Products and Oceania Dairy this week posted combined unaudited revenue growth of 16% compared with the same period last year. Before tax profit growth for the first half of 2025 is 12% and Yili Group executive director Zhiqiang Li said profitability was expected to continue to climb for both companies well into 2026. "Production capacity of high-demand, high-value products across Westland's Hokitika and Rolleston sites and ODL's Glenavy facility have undergone significant investment to capitalise on surging global demand for high-quality dairy products," Mr Li said. Consumer butter production capacity at Hokitika has been boosted by 10,000tonnes, while increased skim-milk powder production capacity at Glenavy has also led to increased production of UHT Cream at Rolleston, with ODL cream now diverted to the Rolleston site. Mr Li said both Westland and ODL, which since 2024 have also operated under a co-operative external sales arrangement, are well positioned to build revenue growth off the back of increased production capacity. "Greater efficiencies and production capacity under this co-operative arrangement give us far more opportunities to optimise product mix and build on our high-value strategy," Mr Li said. "Profits for the individual companies in the meantime will go through a consolidation period; however, both total revenue and profit margins are expected to continue to show healthy growth," he said. — Allied Media
Yahoo
01-08-2025
- Business
- Yahoo
Universal Health Realty Stock Declines Following Mixed Q2 Earnings
Shares of Universal Health Realty Income Trust UHT have lost 5.9% since the company reported its earnings for the quarter ended June 30, 2025. This compares to the S&P 500 Index's 0.8% decline over the same time frame. Over the past month, the stock lost 5.9% against the S&P 500's 2.1% growth. UHT's Earnings Snapshot Universal Health Realty reported a net income of $4.5 million, or $0.32 per diluted share, for the second quarter of 2025, marking a decline of 14.9% from $5.3 million, or $0.38 per diluted share, in the same period last year — a 15.8% year-over-year drop in earnings per share (EPS). The primary contributors to the decline in EPS were the absence of a $563,000 property tax reduction benefit recorded last year, higher interest expenses due to increased borrowings and weaker property-level income. Funds from operations (FFO), a key metric for real estate investment trusts (REITs), declined 4.8% to $11.8 million ($0.85 per diluted share) from $12.4 million ($0.90 per diluted share) year over year. Revenue remained relatively flat, rising marginally to $24.9 million from $24.7 million a year earlier. Segmentally, lease revenue from Universal Health Services (UHS) facilities declined 0.9% to $8.4 million from $8.5 million, while lease revenue from non-related parties rose 1.5% to $14.6 million from $14.4 million. Universal Health Realty's Other Key Business Metrics For the six-month period ended June 30, 2025, UHT's net income declined 12.4% to $9.3 million ($0.67 per diluted share) from $10.6 million ($0.76 per diluted share). FFO decreased 4.3% to $23.7 million ($1.71 per diluted share) from $24.8 million ($1.79 per diluted share) in the prior-year period. This decline in FFO was largely attributable to the same factors influencing quarterly results — reduced property-level income, higher interest expenses, and the absence of one-time tax reductions. Total expenses for the second quarter of 2025 increased 5.8% to $16 million from $15.2 million, driven primarily by higher depreciation and other operating costs. Advisory fees paid to UHS rose 1.6% to $1.39 million from $1.37 million. Interest expense also grew 2.9% to $4.7 million from $4.6 million due to elevated borrowings. Notably, the company reported bonus rental income from McAllen Medical Center of $862,000 in the quarter, up from $758,000 a year ago. On the balance sheet, Universal Health Realty held $6.6 million in cash and cash equivalents as of June 30, 2025, compared with $7.1 million as of Dec. 31, 2024. Universal Health Realty Income Trust Price, Consensus and EPS Surprise Universal Health Realty Income Trust price-consensus-eps-surprise-chart | Universal Health Realty Income Trust Quote UHT's Management Commentary and Risks While management did not offer detailed commentary, they highlighted ongoing headwinds affecting operational performance. These include staffing shortages and wage pressures at tenant facilities, regulatory uncertainties, macroeconomic headwinds reducing patient volumes and altering payer mixes and the persistent impact of elevated interest rates on borrowing costs. Management emphasized that these dynamics, many of which are beyond their control, could materially affect tenant performance and, by extension, the REIT's results. Management reiterated the risks tied to potential cuts in Medicaid funding, reduced staffing availability across the healthcare sector and trade-related cost pressures affecting building materials. Of particular concern was the possibility of further interest rate hikes, which could significantly impact both the cost of debt and access to capital markets. Universal Health Realty's Capital and Dividend Updates As of June 30, 2025, Universal Health Realty reported available borrowing capacity of $70.2 million under its $425 million credit facility, net of $354.8 million in outstanding borrowings. This facility remains in place through Sept. 30, 2028, with two optional six-month extension periods. UHT declared a second-quarter dividend of $0.74 per share, up from $0.73 a year earlier. The dividend, totaling $10.3 million in aggregate, was paid on June 30, 2025, and underscores the company's continued commitment to shareholder returns despite tighter earnings. UHT's Other Developments During the quarter, Universal Health Realty's investment in limited liability companies increased significantly to $20.9 million from $13.9 million at the end of 2024. However, the company did not detail any new acquisitions, divestitures or business restructurings for the reporting period. The balance sheet also showed a modest decline in total assets to $573 million from $580.9 million at year-end 2024, while total equity fell to $165.2 million from $179.5 million, reflecting the net impact of dividend payments and earnings changes. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Universal Health Realty Income Trust (UHT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
26-06-2025
- Business
- Yahoo
Here's What You Should Know about UHT's Dividend
Universal Health Realty Income Trust (NYSE:UHT) is one of the Best REIT Dividend Stocks to Buy in 2025. Aerial view of a healthcare facility, depicting the scale of the company's operations. The company remains relatively under the radar. While there isn't widespread analysis of its dividend reliability, the company's strong cash flow plays a key role in supporting its payouts. Over the past twelve months, UHT generated $46.8 million in operating cash flow and $40.04 million in free cash flow. In the first quarter of 2025 alone, it distributed about $10.2 million in dividends to shareholders. On June 11, Universal Health Realty Income Trust (NYSE:UHT) announced a quarterly dividend of $0.74 per share, consistent with its previous payment. The trust has increased its dividend for 41 straight years. Although the five-year dividend growth rate is modest at 1.4%, the focus remains on its ability to sustain these payments. As of June 23, the stock offered a dividend yield of 7.22%. Universal Health Realty Income Trust (NYSE:UHT) operates as a healthcare-focused REIT, owning properties such as acute care and rehabilitation hospitals, medical office buildings, behavioral health centers, sub-acute care facilities, and childcare centers. While we acknowledge the potential of UHT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None.
Business Insider
12-06-2025
- Business
- Business Insider
Universal Health Realty increases dividend by 0.5c to 74c per share
Universal Health Realty (UHT) voted to increase the quarterly dividend by 0.5c and pay a dividend of 74c per share on June 30 to shareholders of record as of June 23. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
The Star
29-05-2025
- Business
- The Star
Expansion plans to drive sustainable growth for Farm Fresh
Farm Fresh Bhd group managing director and CEO Loi Tuan Ee KUALA LUMPUR: Armed with a stronger set of earnings and expansion plans, Farm Fresh Bhd group managing director and CEO Loi Tuan Ee expects the group to sustain its growth trajectory in the year ahead. 'We are pleased by what we have been able to achieve as a team in financial year 2025. "The hard work of each and every one has not gone unnoticed as we continued to push the boundaries of possibilities, demonstrating a sustainable upward growth trajectory in our earnings and profitability while ensuring that we continue our category and regional expansion, laying the foundation for sustainable growth as we progress into the year 2026," he said in a statement announcing the dairy firm's results for the recently concluded financial year 2025. In the fourth quarter ended March 31, 2025 (4QFY25), Farm Fresh posted a net profit of RM28.35mil, up from RM23.93mil in the year-ago quarter, translating to an earnings per share of 1.51 sen against 1.28 sen previously. The group reported revenue of RM243.73mil, compared to RM215.03mil in 4QFY24. Over the full financial year, Farm Fresh registered a net profit of RM106.4mil, a leap ahead of RM63.53mil in FY24. Revenue was also improved to RM981.18mil from RM810.41mil in the previous year. According to the group, the improved revenue was underpinned by sales contribution from new product launches coupled with higher commercial sales from UHT and the school milk programme, as well as full year sales contribution from Inside Scoop and Sin Wah. Meanwhile, the higher profitability was also attributed to lower costs due to lower dairy input costs, which significantly improved margins.
