Attacq H1 diluted headline loss per share 14.9c vs 20.6c loss

Newly JSE-listed capital growth property company Attacq announced on Wednesday a diluted loss per share of 14.9c for the six months ended December 2013 compared with a loss of 20.6c previously.

Operating profit was R85.180m from R146.241m in the same period in 2012. Net asset value per share at the end of December was 19.9% higher at R12.89.

The company said the 29.2% increase in the number of issued shares affected growth in net asset value per share.

Net rental income increased by 31.6% compared with the corresponding period in 2012. This was driven by a 17.4% increase in rental income and a decrease of 1.8% in property expenses.

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