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IN BRIEF: Arricano Real Estate Profit Helped Revaluation Gain

24th Sep 2020 19:42

Arricano Real Estate PLC - shopping centre operator - Revenue in six months to June 30 down 18% to USD14.2 million from USD17.4 million a year earlier. Pretax profit surges to USD27.1 million from USD8.8 million. Posts USD30.1 million gain on revaluation of investment property, swinging from USD991,000 loss a year earlier.

Current stock price: USD0.30

Year-to-date change: down 33%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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