Brief: Property For Industry posts HY loss after tax of NZ$5.6 mln

Property for Industry

08/08/2017 21:38

Aug 9 (Reuters) - Property For Industry Ltd  PFI.NZ : 
    * PFI recorded a loss after tax for six months to 30 June 
2017 of NZ$5.6 million 
    * Q2 cash dividend of 1.75 cents per share 
    * HY operating revenue NZ$35.7 million, up 1.4 pct over 
prior period 
    * Raises guidance for full year distributable profit from 
7.50-7.70 cents per share to 7.70-7.90 cents per share 
    * Expects to pay full year cash dividends totalling 7.45 
cents per share in 2017 
    * "In second half of 2017, there is additional consideration 
that internalisation is forecast to provide earnings accretion" 
 
Source text for Eikon:  ID:nNZSc6Ca  
Further company coverage:  PFI.NZ  
 
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