BRIEF-Growthpoint Properties Says HY HEPS At 89.69 Cents

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BRIEF-Growthpoint Properties Says HY HEPS At 89.69 Cents
Credit: © Reuters.

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

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

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

* HY HEADLINE EARNINGS PER SHARE INCREASED BY 9.7% TO 89.69 CENTS

* HY EARNINGS PER SHARE DECREASED BY 5.2% TO 113.32 CENTS

* HY NET ASSET VALUE PER SHARE DECREASED BY 2.0% TO 2 518 CENTS

* HY DIVIDEND INCREASED BY 0.2% TO 106.0 CENTS PER SHARE

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

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

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