BRIEF-Transcend Residential FY HEPS 51.51 Cents

  • Reuters
  • Stock Market News
BRIEF-Transcend Residential FY HEPS 51.51 Cents
Credit: © Reuters.

March 8 (Reuters) - Transcend Residential Property Fund Ltd TPFJ.J :

* TRANSCEND RESIDENTIAL PROPERTY FUND LTD - TRANSCEND HAS OUTPERFORMED ITS GUIDANCE OF FLAT GROWTH FOR YEAR ENDING 31 DECEMBER 2018

* TRANSCEND RESIDENTIAL PROPERTY FUND LTD - FY HEADLINE AND DILUTED HEADLINE EARNINGS PER SHARE 51.51 CENTS

* TRANSCEND RESIDENTIAL PROPERTY FUND LTD - FY REVENUE R161.8 MILLION VERSUS R138.7 MILLION

* TRANSCEND RESIDENTIAL PROPERTY FUND LTD - 2019 PERFORMANCE TO BE SLIGHTLY BETTER THAN ITS PERFORMANCE OVER PAST 12 MONTHS

* TRANSCEND RESIDENTIAL PROPERTY- EFFECTS OF GEARING AND PRO-ACTIVE COST MANAGEMENT, SHOULD RESULT IN AN INCREASE IN DISTRIBUTION FOR 2019 YEAR

* TRANSCEND RESIDENTIAL - APPROVED, NOTICE IS HEREBY GIVEN OF A FINAL DIVIDEND OF 34.58 CENTS PER SHARE FOR SIX MONTHS ENDED 31 DECEMBER 2018

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