Attacq expects distribution income to rise up to 36%
Share price shoots up 9% as it reports healthy rise in distributable income per share
06 September 2022 - 20:59
Mall of Africa owner Attacq says it expects distribution income per share to rise 32%-36% to 61.8c-63.6c per share on improved trading conditions.
The company said this increase arose from lower rental discounts provided to tenants, reduced finance charges due to the settlement of all foreign-denominated debt, a reduction of debt in rand and receipt of dividends from MAS...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.