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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Interim 2020 Precinct Properties New Zealand Ltd Earnings Call Transcript

Feb 19, 2020 / 09:00PM GMT
Release Date Price: $1.2
Operator

Ladies and gentlemen, thank you for standing by. And welcome to the Precinct Properties Half Year Results 2020 Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your first speaker today, Mr. Scott Pritchard. Thank you. Please go ahead.

Scott Pritchard
Precinct Properties New Zealand Limited - CEO

Thanks, Christian, and good morning, everybody. And welcome to the 2020 interim result briefing for Precinct Properties. I'm 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.

This first half of the 2020 financial year has been a busy period. We have completed the second building at Bowen Campus on time and on budget, we've maintained portfolio occupancy at 99% and we have advanced our development projects, both in regards to construction milestones and leasing activity. Each of these items have had an impact on

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