Putprop's earnings rise on better values
JSE-listed property investment group Putprop says that its headline earnings per share are expected to be between 79.4c and 94.2c for the year to June compared with earnings of 74.1c last year.
Earnings per share are expected to be between 163.6c and 184.4c up from 104.4c a year ago.
"The improvements were based on a better fair value adjustment on properties‚" Putprop said.
Its results are expected to be released in September.