PFI profit drops on lower property valuation gains
The company posted a full-year profit of $113.5 million.
The company posted a full-year profit of $113.5 million.
NZX-listed Property for Industry’s full-year profit dropped 35% on lower property valuation gains, but funds from operations increased during the year.
The industrial property investor posted a profit for the year to December 31 of $113.5 million, down from $176.3m in the 2019 financial
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