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Hot Topic Local Govt
Investment
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Argosy posts record profit while distributable income falls

The company reaffirmed earlier full-year dividend guidance.

Andrew Bevin Tue, 23 Nov 2021

NZX-listed landlord Argosy’s first-half profit hit a new record on the back of revaluation gains, while distributable income slipped because of one-off income in the comparable period.

Profit after tax was $130.9 million, up from $115.9m in the previous first half. The result was bolstered by

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Andrew Bevin Tue, 23 Nov 2021
Contact the Writer: andrew@nbr.co.nz
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Argosy posts record profit while distributable income falls
Investment,
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