Brief: Eastnine FY Profit From Property Management Rises To EUR 3.2 Mln

Eastnine AB (publ)

15/02/2019 07:25

Feb 15 (Reuters) - Eastnine AB (publ)  EAST9.ST :
    * EASTNINE AB PUBLISHES YEAR-END REPORT 2018
    * BOARD WILL PROPOSE TO AGM AN ORDINARY DIVIDEND FOR 2018 OF
SEK
2.30 PER SHARE, WITH SEMI-ANNUAL PAYMENTS
    * DIVIDEND CORRESPONDS TO 2.0% OF NAV/SHARE AND A
YEAR-ON-YEAR
DIVIDEND GROWTH OF 10%, AND TRANSLATES INTO EUR 0.22 PER SHARE
    * JAN-DEC  RENTAL INCOME INCREASED BY 60.1% TO EUR 9,130K
(12M
2017: 5,703K)
    * JAN-DEC PROFIT FROM PROPERTY MANAGEMENT INCREASED TO EUR
3,180K
(-1,344K)
    * NET ASSET VALUE EUR 11.20 PER SHARE AT END-DECEMBER VS SEK
10.57
PER SHARE YR AGO


    
Source text for Eikon:  ID:nWkr4zcGsf 
Further company coverage:  EAST9.ST 

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