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Kiwi Property Group reported an 11.5% rise in its interim operating profit before tax, reaching NZD 62.9 million, driven by robust rental income and efficient cost control. The company maintained its FY26 dividend guidance at 5.60 NZ cents per share, signaling consistent returns for shareholders. Its diversified property portfolio, covering retail, office, and industrial spaces, has shown resilience in prior periods, reflecting operational stability. Analysts highlight disciplined management and strategic asset optimization as factors behind the strong performance, positioning Kiwi Property to maintain growth and deliver reliable income streams in the coming months.
Kiwi Property Group Ltd has reported an 11.5% increase in its interim operating profit before tax, reaching NZD 62.9 million. The company attributed this growth to continued strong performance across its property portfolio. Alongside the results, Kiwi Property maintained its full-year dividend guidance at 5.60 NZ cents per share for the fiscal year 2026. Advertisement
The increase in operating profit reflects solid rental income and effective cost management. Kiwi Property, known for its diversified property holdings in retail, office, and industrial spaces, has consistently focused on optimizing its assets to deliver steady returns. In the previous fiscal period, the company had also shown resilience despite market fluctuations, underlining its operational stability.
The interim results suggest that Kiwi Property is well-positioned to sustain growth in the coming months. With investor confidence and a clear dividend policy, the company continues to offer a reliable income stream. Analysts note that its strong property portfolio and disciplined management approach are key drivers behind the positive financial outcome.
Source: Reuters
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