May 16, 2018

Revenue increased $31.39 million year on year, closing the period at $313.23 million, up from $263.66 million in 2017.

Administrative and Other Expenses increased 15%, closing the period at $140.83 million (2017:$122.11 million).

As such, Operating Profit increased 22%, closing at $172.40 million (2017:$141.55 million).

There was a Fair Value Appreciation on Investment Property of $90.15 million, an 11% increase on the $81.16 million recorded for the corresponding period of the 2017 financial year.

Profit before finance costs totaled $262.55 million relative to the $222.71 million in 2017, reflecting an 18% increase year over year.

Continue reading: https://www.mayberryinv.com/pulse-recorded-18-increase-in-net-profit-for-nine-month-ended-march-2018/

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