Strawberry Fields REIT Reports Net Income of $9.8 Million for Q2 2023

Strawberry Fields Real Estate Investment Trust , Inc.(STRW) and its subsidiaries have released their unaudited financia l statements for the second quarter ended June 30, 2023. The company's balance sheet reflects net income of $9.8 million for the quarter, while its revenue stream comprises rental revenues amounting to $24.3 million during the same period.

Net Income and Loss Highlights

Strawberry Fields REIT, Inc. and its subsidiaries have reported a net income of $9.8 million for the second quarter of 2023. This net income reflects the company's financial performance for the period and takes into account various income and expense factors, including depreciation, amortization, and interest expenses. Despite certain operating expenses, the company was able to maintain a positive net income for the quarter.

Revenue Highlights