PRECINCT PROPERTIES BOOSTS UNDERLYING PROFIT, TWEAKS DIVIDEND POLICY

Precinct Properties made a $189.9 million net after-tax net profit, down on last year's $254.9m, due mainly to less spectacular rises in the value of its properties.Underlying profit, adjusted for non-cash items, was up 3.7 per...

nzherald.co.nz (Date:08/16/2019 01:22) Read full article >>

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Properties: In abstract, property is that which is had by or belongs towith something, whether as an attribute or a component. For the significant context of this article, property is one or more components , whether physical or incorporeal, of a person's estate or so belonging to, as in being owned by, a perso
Underlying: In finance, the underlying of a derivative is an asset, basket of assets, index, or even another derivative, such that the cash flows of the derivative depend on the value of this underlying. There must be an independent way to observe this value to avoid conflicts of interest.