Resilient diluted EPS 327.43c vs 266.95c

Resilient Property Income Fund reported on Thursday that its full year diluted earnings per share had increased to 327.43 cents from a previous 266.95 cents.

The company added that a distribution of 143.71 (67.97 interim; 75.74 final) cents per linked unit had been declared for the 12 months ended December 31 2007. This represents a 19.78% increase over the distribution for the previous financial year.

Diluted earnings per linked unit was reported at 462.04 cents from 378.40 cents a year ago.

Resilient's portfolio of 15 retail centres performed well during the financial year, the company said.

"The strategy of investing only in dominant centres in target markets placed Resilient in a strong position to continue this performance in a challenging macro economic and retail trading environment," it said.

Source: I-Net Bridge