Fountainhead diluted EPS 66.36 v 55.15

Posted On Friday, 04 November 2011 02:00 Published by eProp Commercial Property News
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Fountainhead Property has announced diluted earnings per unit of 66.36 cents in the company's audited results for the year ended September 30.

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Fountainhead Property Trust's net distribution income for the six months ended September amounts to 27.56 cents per unit, 2.7% greater than the comparable period last year. The net distribution for the financial year ended September is 55.27 cent per unit, which is 2.2% greater than the 54.08 cents for the comparable period last year.

Fountainhead said that despite the difficult trading conditions and the impact of the Blue Route Mall redevelopment it is anticipated that there will be a small increase in distribution during the next financial year.

Last modified on Wednesday, 23 April 2014 11:07

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