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BRIEF-Zimre Property Investments reports HY pretax profit of $645,832
August 22, 2017 / 7:58 AM / 3 months ago

BRIEF-Zimre Property Investments reports HY pretax profit of $645,832

Aug 22 (Reuters) - ZIMRE PROPERTY INVESTMENTS LTD:

* HY ENDED JUNE 2017 PROFIT BEFORE TAX OF $645,832 VERSUS $660,845 YEAR AGO

* HY REVENUE OF $2.6 MILLION VERSUS $2.8 MILLION YEAR AGO

* RECOMMENDS INTERIM DIVIDEND OF US0.012 CENTS PER SHARE

* RENTAL RATES AND CAPITAL VALUES LIKELY TO UNDERPERFORM AS DEMAND FOR OFFICE SPACES IS EXPECTED TO REMAIN SUBDUED‍​ Source: bit.ly/2ilm4aE Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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