BRIEF-Growthpoint Properties posts HY Revenue Of 6.58 Bln ZAR

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BRIEF-Growthpoint Properties posts HY Revenue Of 6.58 Bln ZAR
Credit: © Reuters.

March 10 (Reuters) - Growthpoint Properties Ltd GRTJ.J :

* JSE: GRT - CONDENSED UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2020, CASH DIVIDEND DECLARATION

* HALF YEAR OPERATING PROFIT ROSE 8.5 PERCENT TO 4.43 BILLION ZAR

* HALF YEAR REVENUE ROSE 12.5 PERCENT TO 6.58 BILLION ZAR

* GROWTHPOINT PROPERTIES - DPS FOR SIX MONTHS ENDED 31 DECEMBER 2020 AMOUNTED TO 58.50 CENTS PER SHARE

* GROWTHPOINT PROPERTIES - DISTRIBUTABLE INCOME PER SHARE ("DIPS") FOR SIX MONTHS ENDED 31 DECEMBER 2020 AMOUNTED TO 73.1 CENTS PER SHARE

* GROWTHPOINT PROPERTIES - DECREASE IN DPS, DIPS DUE TO 21.6% DECREASE IN DISTRIBUTABLE INCOME, SUCCESSFUL EQUITY RAISE AND DIVIDEND REINVESTMENT PLAN

* GROWTHPOINT PROPERTIES - DECLARATION OF INTERIM DIVIDEND NUMBER 70 OF 58.50 CENTS PER SHARE (80% OF DIPS) FOR PERIOD ENDED 31 DECEMBER 2020.

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