Precinct Properties Report Solid Operating Results

  • August 13, 2020 12:24 PM NZST
  • Team Kalkine

For the 12 months ended 30 June 2020, Precinct Properties New Zealand Limited (NZX:PCT) reported net property income of $97.2 million, up by 2.1% and like for like NPI was 3.2% higher than the previous comparable period.

  • Total comprehensive income after tax stood at $35.1 million and Net Asset Value (NAV) per share stood at $1.45;
  • Adjusted funds from operations increased by 5.9% to 6.29 cps, and the company declared dividend guidance of 6.50 cps for FY21.


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