Orion sees drop in earnings per linked unit

Posted On Friday, 23 March 2012 02:00 Published by eProp Commercial Property News
Rate this item
(0 votes)

Orion expects basic earnings to have decreased for the year ended December 2011.

Franz Gmeiner

Orion Real Estate (ORE) advised shareholders on Monday that it expects basic earnings to have decreased from 0.31 cents per linked unit to approximately 0.00 cents per linked unit for the year ended December 2011.

Headline earnings are expected to have declined from 0.31 cents per linked unit to 0.00 cents per liked unit.

The company said that although an improvement in income generated had materialised, this was however eroded by higher levels of expenditure and the provision for debenture revaluation.

Last modified on Monday, 21 April 2014 09:05

Most Popular

Growthpoint begins construction of the Kent residential apartments in KZN

Aug 26, 2021
Marius Els, Development Project Manager at Growthpoint Properties
Growthpoint Properties (JSE: GRT) has commenced the development of Kent, its first…

On Auction: Iconic Redevelopment Opportunity in Oranjezicht Cape Town

Aug 26, 2021
The_Lenox
Currently operating as a 43 room guesthouse / backpackers.

On Auction: Spacious offices with multiple amenities in Norwood

Aug 26, 2021
Default Image
Spacious offices with multiple amenities on Auction in Norwood.

On Auction: Retail & Offices Property with unutilised bulk in Rivonia Johannesburg

Aug 26, 2021
KTM_Building
The anchor tenant is Road Adventure Dirt (Pty) Ltd (RAD) which is the premier KTM…

On Auction: Commercial Historical Building in Cape Town

Aug 25, 2021
Cape Town Commercial Property for Sale - 3 Church Street
436sqm Commercial building comprising of retail and office space.

Please publish modules in offcanvas position.