Qube Holdings Limited announced its half-yearly results

Qube Holdings Limited (ASX: QUB) announced its 1HFY23 results as follows:

• Underlying revenue increased by 23.1% to AU$1.5 billion, with underlying profits (EBITA) increasing by 30.9% to AU$145.2 million.
• The underlying NPATA grew by 37.0% to AU$132.6 million.
• The company currently expects its full-year FY23 capex to be in the range of AU$400 to AU$500 million, excluding prospective acquisitions. It includes the expenditure for the MLP IMEX and Interstate Terminal, which is projected to be roughly AU$130 million.
• The interim ordinary dividend has been increased by 25.0% to 3.75 cents per share, resulting in a dividend payment ratio of 50% of the company's 1HFY23 underlying profits per share pre- amortisation.

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