Fortress was listed on 22 October 2009 on the main board of the Johannesburg Stock Exchange Limited as a property loan stock company. It listed with an initial market capitalisation of R1.8 billion, making it the largest initial listing in the listed property sector. Fortress converted to a Real Estate Investment Trust REIT on 1 July 2013. Fortress is a hybrid fund, investing in both direct property as well as other listed property stocks and REITs. It focusses on the development of prime real estate logistics assets as well as investments into its retail portfolio. Currently Fortress portfolio includes industrial, logistics, office, retail and other properties.
Earnings for Fortress REIT Limited (FFA.JO)
Earnings in 2023 (TTM): $3.55 B
According to Fortress REIT Limited's latest financial reports the company's current earnings (TTM) are $3.55 B. The earnings displayed on this page is the company's Pretax Income.
Earnings history of Fortress REIT Limited
Annual Earnings
| Year | Income Before Tax | Net Income |
|---|---|---|
| 2023 | $3.55 B | $4.33 B |
| 2022 | $2.24 B | $5.92 B |
| 2021 | $844.87 M | $777.82 M |
| 2020 | $3.38 B | $3.35 B |
| 2019 | $-8,365,692,000 | $-8,369,338,000 |
| 2018 | $3.07 B | $2.62 B |
| 2017 | $-5,850,937,000 | $-4,904,290,000 |
| 2016 | $4.49 B | $4.42 B |
| 2015 | $-5,275,743,000 | $-5,371,757,000 |
| 2014 | $2.81 B | $2.56 B |
| 2013 | $1.25 B | $1.16 B |
| 2012 | $1.4 B | $1.27 B |
| 2011 | $659.91 M | $587.21 M |
| 2010 | $326.1 M | $282.88 M |
| 2009 | $165.52 M | $132.84 M |