Paramount, the listed property fund, increased its total distribution for the year to end October to 51c from 49c in the previous year with a final distribution of 13.5c.
Revenue improved by almost 20 percent to R133.4 million, while fully diluted headline earnings a share rose by 36 percent to 34c a linked unit.
Rodney Squire-Howe, its managing director, said the solid performance was a combination of tight management and improved conditions. - Roy Cokayne, Pretoria.
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