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BRIEF-Entra Q2 profit before tax doubles to NOK 661 million
July 14, 2015 / 5:18 AM / 2 years ago

BRIEF-Entra Q2 profit before tax doubles to NOK 661 million

July 14 (Reuters) - Entra ASA :

* Q2 rental income of 423 million Norwegian crowns ($52.26 million) versus 442 million crowns year ago

* Q2 net income from property management 353 million crowns versus 363 million crowns year ago

* Q2 profit before tax 661 million crowns versus 324 million crowns

* Yield compression that has been observed throughout the last quarters is expected to level out in the second half of 2015

* Rent levels are expected to decrease slightly in 2015 but to see a positive trend from 2016 Source text for Eikon:

Further company coverage: ($1 = 8.0937 Norwegian crowns) (Gdynia Newsroom)

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