Edition:
United States

Newpark REIT Reports FY HEPS 55,12 Cents


Wednesday, 22 May 2019 05:59am EDT 

May 22 (Reuters) - Newpark Reit Ltd ::BOARD HAS DECLARED A FINAL DIVIDEND OF 18,34951 CPS (INTERIM DIVIDEND FOR H1 FY2019 24,94859 CPS).DISTRIBUTABLE EARNINGS FOR 12 MONTHS DECLINED BY 18,0% TO 43,30 CENTS PER SHARE (FY2018: 52,80 CPS).YEAR-ON-YEAR NEWPARK HAS INCREASED ITS NET ASSET VALUE PER SHARE TO R9,25 FROM R9,04, AN INCREASE OF 2% IN FY.FY REVENUE DECLINE TO R127,9 MILLION (FY2018: R136,4 MILLION).OVER FULL YEAR, CO BUDGETED TO DELIVER GROWTH OF 6% TO 8% ON 2019 DISTRIBUTIONS OF 43,30 CPS.FY HEPS 55,12 CENTS. 

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12 Jun 2019