Precinct Properties New Zealand climbs on upbeat interim earnings

Precinct Properties New Zealand

23/02/2022 24:23

** Shares of Precinct Properties New Zealand  PCT.NZ  rise
as much as 4.9% to NZ$1.595 - stock to post best session since
June 2020 if gains hold 
    ** The property developer says first-half net property
income rose 1.5% to NZ$61.1 mln ($41.16 mln) and declares an
interim dividend of 3.35 NZ cents per share  urn:newsml:reuters.com:*:nNZW1c8QcD
    ** Reaffirms FY22 dividend guidance of 6.70 NZ cents per
share 
    ** PCT down ~9% this year, as of last close 

($1 = 1.4846 New Zealand dollars)

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