BRIEF-Transcend Residential Property Fund Posts FY ‍Net Profit Of R41.45 Million ​

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BRIEF-Transcend Residential Property Fund Posts FY ‍Net Profit Of R41.45 Million ​
Credit: © Reuters.

March 9 (Reuters) - Transcend Residential Property Fund Ltd TPFJ.J :

* FY ‍NET PROFIT OF R41.45 MILLION (2016: NET LOSS FOR PERIOD OF R9.92 MILLION)​

* ‍FY HEADLINE EARNINGS ATTRIBUTABLE TO EQUITY HOLDERS IS R38.73 MILLION (2016: R5.14 MILLION)​

* ‍DECLARED A DISTRIBUTION OF 34.23125 CENTS PER SHARE FOR SIX MONTHS ENDED 31 DECEMBER 2017​

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