Viva Energy REIT
(ASX:VVR) has reported its statutory profit surged to $43.1 in the half year to 30 June 2017 up from $976,000 in the part period to 31 December 2016.
Despite the rise in the service station manager’s profit, it was actually shy of its $43.6 million forecast.
Viva Energy REIT’s revenue meantime hit $78.7 million, surpassing its forecast of $77.5 million.
The company’s distributable earnings of 6.8 cents per share, also beat its forecast.
Shares in Viva Energy REIT
(ASX:VVR) closed almost 0.5 per cent higher yesterday $2.17.