Attacq, the real estate investment trust behind the development of Waterfall City, said on Tuesday its distributable earnings per share grew by 9.5% to 45c in the six months ended December.
However, the Reit’s net asset value per share decreased by 2.4% to R23.66 mainly due to the full-year dividend payout of R520m in October 2018 and impairments against the group’s rest-of-Africa retail assets. Attacq’s exposure to the rest of Africa is via a 25% shareholding in Gruppo, the owner of Nigeria’s Ikeja City Mall, and a 31.8% stake in AttAfrica, which is invested in four retail properties in Ghana and one in Zambia.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Nederburg maker Distell lifts earnings, even as sales fallThe company says Nigeria, Kenya, Zambia and Mozambique recorded strong growth ‘as we continue to build our local production and route-to-market across the markets’
Baca lebih lajut »
Campbell Soup shares rise after beating earnings estimatesUS food producer’s net sales grow 24%, helped by acquisitions of Snyder’s-Lance and Pacific Foods
Baca lebih lajut »
Massmart 2018 earnings down nearly 32%This is against the backdrop of a difficult economic environment, characterised by low economic and wage growth.
Baca lebih lajut »
JSE slips amid spate of disappointing earnings reportsGlobal markets were reacting to some disappointing news out of China on Thursday, while US officials have reminded the market that the US-China trade war is far from over Magda_Wierzycka you surprised?
Baca lebih lajut »
Despite Nigerian run-ins, MTN’s earnings nearly doubled in 2018In 2018, the mobile operator was slapped with demands totalling $10.1bn from Nigerian regulators And yet MTNza cancelled FreeTwitter
Baca lebih lajut »
Exxaro expects 2018 earnings to jump higherIt says the increases in earnings were primarily due to once-off transactions incurred in 2017.
Baca lebih lajut »
Rolfes recovers with solid earnings increaseThe chemical company is pleased with its ‘good progress in a tough environment’ as its pigments and water operations reverse their losses
Baca lebih lajut »
Royal Bafokeng Platinum 2018 earnings down 55.7%The platinum producer says its focus for 2019 will be on achieving strategic objectives through maintaining earnings growth.
Baca lebih lajut »
Bidvest interim earnings up 9.6% despite frail economic backdropThe company says its financial position allows sufficient headroom to advance the group’s strategy.
Baca lebih lajut »