August 12, 2014 / 8:47 PM / 3 years ago

NZ's Property for Industry H1 profit rises

1 Min Read

WELLINGTON, Aug 13 (Reuters) - New Zealand industrial property investor Property for Industry Ltd's first half profit rose 21 percent on increased earnings, the company said on Wednesday.

PFI reported a net profit of NZ$14.4 million ($12.14 million) for the six months to June 30, compared with NZ$11.9 million the year before.

The company, which has a portfolio of 83 industrial properties, valued at about NZ$842 million, declared a second quarter dividend of 1.75 cents a share from 1.7 cents last year. ($1 = NZ$1.1858)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below