24th Nov 2021 14:33
Wynnstay Properties PLC - London-based property investor - Says pretax profit grew 21% to GBP650,000 from GBP538,000 year-on-year, in the six months to September, 29. Reports a slight 2.7% increase in rental income to GBP1.08 million from GBP1.06 million, year-on-year.
Says this reflects successful rent reviews, lease renewals and new lettings within its portfolio. Operating costs also decreased in the period. Net asset value per share increased 15% to 918 pence from 800p. Declares an interim dividend of 8.5 pence, up 6.3% from 8.0p a year before.
Current stock price: 745.00 pence
Year-to-date change: up 29%
By Abby Amoakuh; [email protected]
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