Eildon Capital (ASX:EDC) has projected its statutory net profit after tax for the full year to land within the range of A$1.9 - A$2.1 million.

The company’s net profit after tax was impacted by expenses resulting from an off-market takeover bid by Samuel Terry Asset Management.

Eildon Capital (ASX:EDC) also confirmed that distributions for the fiscal year totalled 6.0 AU cents per stapled security.

Looking ahead, it anticipates the net profit after tax to securityholders to be in the range of A$3.2 - A$ 3.3 million for FY23.

Eildon Capital (ASX:EDC) is a company specializing in real estate investments and asset management.