Brief: Precinct Properties New Zealand Says HY Net Property Income NZ$47.3 Million Vs NZ$47.6 Million

Precinct Properties New Zealand

19/02/2019 24:33

Feb 19 (Reuters) - Precinct Properties New Zealand Ltd
 PCT.NZ :
    * HY NET PROPERTY INCOME NZ$47.3 MILLION VERSUS NZ$47.6
MILLION
    * RAISING NZ$150 MILLION THROUGH NZ$130 MILLION UNDERWRITTEN
PLACEMENT AND NZ$20 MILLION UNDERWRITTEN RETAIL OFFER
    * EARNINGS GUIDANCE FOR FY19 UNCHANGED AT ABOUT 6.60 CPS
    * HY REVENUE FROM ORDINARY ACTIVITIES NZ$64.6 MILLION, DOWN
1.7
PERCENT
    * "DIVIDEND GUIDANCE MAINTAINED AT 6.00 CPS"
    * ANNOUNCING PRECINCT'S ACQUISITION OF REMAINING 50%
INTEREST IN
GENERATOR NEW ZEALAND LIMITED
    * DECLARED INTERIM DIVIDEND OF 1.5 CENTS NZ PER SHARE

Source text for Eikon:  ID:nNZSjjga 
Further company coverage:  PCT.NZ 

 (Reuters.Briefs@thomsonreuters.com)