Precinct Properties NZ Ltd & Precinct Properties Investments Ltd (OTCPK:AOTUF)
$ 0.6761 0 (0%) Market Cap: 1.03 Bil Enterprise Value: 2.02 Bil PE Ratio: 26.00 PB Ratio: 0.71 GF Score: 0/100
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Half Year 2019 Precinct Properties New Zealand Ltd Earnings Call Transcript

Feb 18, 2019 / 09:00PM GMT
Operator

Thank you for standing by, and welcome to the Precinct Properties Half Year Results 2019 Conference Call. (Operator Instructions)

I would now like to hand the conference over to Mr. Scott Pritchard, CEO. Please go ahead.

Scott Pritchard
Precinct Properties New Zealand Limited - CEO

Thanks, Linda, and good morning, everybody, and welcome to the 2019 interim results briefing for Precinct Properties.

I am Scott Pritchard, and I'm the Chief Executive for Precinct. And I'm joined today by George Crawford, Precinct's Chief Operating Officer; and Richard Hilder, Precinct's Chief Financial Officer; as well as Henry Chung from First NZ Capital.

The first half of 2019 financial year has continued to be very active. We've completed the first building at Bowen Campus on time and on budget. We have increased portfolio occupancy to 100%, and we have secured a significant amount of precommitment leasing for our developments. Each of these items have had an impact on Precinct's operating and financial performance, and we're pleased to be here

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