Australia's Centuria Industrial climbs on upbeat interim results, outlook

Centuria Industrial Reit

01/02/2022 24:35

** Shares of property investor Centuria Industrial REIT
 CIP.AX  rise as much as 2.1% to A$3.880, their highest since
Jan. 19 
    ** Co says its net profit attributable for the half year was
A$308.1 mln ($217.67 mln), compared with A$99.6 mln a year ago 
 urn:newsml:reuters.com:*:nASX6jNVXv
    ** Co posts a 170% jump in its half yearly total revenue to
A$355.7 mln 
    ** CIP upgrades its FY22 funds from operations guidance to
be at least 18.2 Australian cents per share from 18.1 Australian
cents per share
    ** Stock down 9.35 this year, as of last close 

($1 = 1.4154 Australian dollars)

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))