Brief: Kiwi Property Group Posts HY Total Net Profit Nz$36.8 Million

Kiwi Property

18/11/2019 01:26

Nov 18 (Reuters) - Kiwi Property Group Ltd  KPG.NZ :
    * HY NET RENTAL INCOME WAS DOWN MARGINALLY FROM LAST YEAR TO
NZ$89.6M
    * HY RETAIL SALES ACROSS KIWI PROPERTY'S PORTFOLIO WERE
NZ$1.71
BILLION, UP 2.1%
    * WILL PAY A HALF-YEAR CASH DIVIDEND OF 3.525 CENTS PER
SHARE
    * CONFIRMED INTENTION TO HOLD ITS FULL YEAR CASH DIVIDEND AT
7.05
CENTS PER SHARE
    * IS ALSO TARGETING A NZ$20 MILLION RETAIL OFFER, WITH
ABILITY TO
ACCEPT OVERSUBSCRIPTIONS OF UP TO NZ$10 MILLION
    * HY TOTAL NET PROFIT NZ$36.8 MILLION, DOWN 23.8%

Source text for Eikon:  ID:nNZW3lynvG 
Further company coverage:  KPG.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))