Impact Healthcare REIT Plc Reports Strong H1FY19 performance

  • Sep 03, 2019 BST
  • Team Kalkine

Impact Healthcare REIT Plc (LSE: IHR), for the first half of the year from 1 January 2019 to 30 June 2019, has reported strong performance, company’s profit before tax increased by 29.16% to £10.94 million during the period from £8.47million for the H1 2018. Portfolio valuation increased by 21.3% to £271.6 million, as compared to £184.3million in H1 2018. On the operational front, the company acquired 9 properties with 471 beds, and its contracted rent roll grew by 49% to £21.6 million in the first half of the year.

On 3rd September 2019, at the time of writing, GMT 08:03 AM, IHR shares were trading at GBX 111.78, down by 0.22 points or 0.20% against the previous day closing price.

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