New Zealand's Argosy Property jumps on upbeat interim earnings

Argosy Property

19/11/2025 03:41

** Shares of Argosy Property ARG.NZ rise as much as 1.2% to NZ$1.25, their highest level since November 11

** Auckland-based property manager posts interim net profit after tax (NPAT) of NZ$61.1 million ($34.43 million) versus NZ$33 million a year ago

** Firm's interim net property income at NZ$61.2 million, up 4.9% from a year ago

** Co declares second-quarter dividend of 1.6625 NZ cents per share

** Stock up 23.5% YTD, including day's moves

($1 = 1.7746 New Zealand dollars)

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((aamir.sheikkhalid@thomsonreuters.com))