BRIEF-Growthpoint Properties HY HEPS Down 14.1% To 70.27 Cents

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BRIEF-Growthpoint Properties HY HEPS Down 14.1% To 70.27 Cents
Credit: © Reuters.

March 11 (Reuters) - Growthpoint Properties Ltd GRTJ.J :

* JSE: GRT - CONDENSED CONSOLIDATED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2019 AND CASH DIVIDEND DECLARATION

* GROWTHPOINT PROPERTIES - HY HEPS DECREASED OF 14.1% TO 70.27 CENTS

* GROWTHPOINT PROPERTIES LTD - HY REVENUE INCREASED BY 1.5% TO R5.7BN COMPARED TO R5.6BN FOR COMPARATIVE PERIOD

* GROWTHPOINT PROPERTIES LTD - HY EARNINGS PER SHARE DECREASED BY 5.2% TO 113.32 CENTS

* GROWTHPOINT PROPERTIES LTD - HY NET ASSET VALUE PER SHARE DECREASED BY 2.0% TO 2 518 CENTS

* GROWTHPOINT PROPERTIES LTD - HY DIVIDEND INCREASED BY 0.2% TO 106.0 CENTS PER SHARE

* GROWTHPOINT PROPERTIES - INTERNATIONAL INVESTMENTS SHOULD CONTRIBUTE POSITIVELY TO FY20'S DISTRIBUTION GROWTH

* GROWTHPOINT PROPERTIES - BOARD EXPECTS GROWTH IN DIVIDENDS PER SHARE FOR THE FINANCIAL YEAR ENDING 30 JUNE 2020, IF ANY, TO BE NOMINAL

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