Brief: Argosy Property Says HY Net Property Income Of NZ$55.0 Mln, Up 3.6%

Argosy Property

21/11/2022 20:09

Nov 22 (Reuters) - Argosy Property Ltd  ARG.NZ :
    * HY NET PROPERTY INCOME OF NZ$55.0 MILLION, UP 3.6%
    * HY NET DISTRIBUTABLE INCOME OF NZ$32.9 MILLION, FLAT ON
PCP
    * SEES FURTHER RENTAL GROWTH IN PORTFOLIO OVER NEXT SIX
MONTHS
    * HY ADJUSTED FUNDS FROM OPERATIONS OF NZ$32.0 MILLION, UP
25.7%
    * FY23 REMAINS CHALLENGING
    * HAS STARTED FY23 YEAR OFF WELL
    * UNCHANGED FY23 DIVIDEND GUIDANCE OF 6.65 NZ CENTS PER
SHARE
    * HY NET PROFIT FROM CONTINUING OPERATIONS NZ$10.7 MILLION,
DOWN
91.6%

Further company coverage:  ARG.NZ 
 ((Reuters.Briefs@thomsonreuters.com;))