News and Announcements
AGM Presentation from Folkestone
- Published October 22, 2015 3:07PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
22nd October 2015, ASX Announcement
FY15 Results – Highlights:
- Net profit after tax of $7.0 million, up 122.6% on FY14
- Earnings per share 1.1 cents, up 57.1% on FY14
- Net asset value (NAV) per share of 17.5 cents, up 21.5% on FY14
- Funds under management of $917 million, up 12.8% on FY14
- Raised $42 million from a Placement and Entitlement offer
- Launched the Folkestone Truganina Development Fund
- Folkestone Social Infrastructure Trust merged with the Folkestone Education Trust (FET)
- Acquired interest in three new development opportunities
- Secured strong pre-sales across the active developments
- Completed development of Stage 1 at Millers Junction and entered into JV for stage 2
To view the full presentation, please click here.
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