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 2021 Precinct Properties New Zealand Ltd Earnings Call Transcript

Feb 24, 2021 / 09:00PM GMT
Release Date Price: $1.19
Operator

Thank you for standing by, and welcome to the Precinct Properties 2021 Half Year Results 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, Amanda, and good morning, everybody, and welcome to the 2021 interim result briefing for Precinct Properties. I am Scott Pritchard, I'm the Chief Executive for Precinct; and I'm also joined today by George Crawford, Precinct's Chief Operating Officer; and Richard Hilder, Precinct's Chief Financial Officer.

The first half of the 2021 financial year has certainly been unique, with the completion and opening of Commercial Bay at the start of the period in the middle of a global pandemic. It's fair to say that when we started this $1 billion project, we never imagined we would be completing and opening the project with our borders shut and with us having spent several weeks locked down in our homes.

Despite this, the business has demonstrated remarkable

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