Vicinity Centres (ASX:VCX)
today announced its results for the half-year ending 31 December 2020 (1H21), with a statutory net loss after tax of $394.1 million.
For the first half 2020 statutory net profit after tax of was $242.8 million.
This is comprised primarily of funds from operation of $267.1 million, a net property valuation loss of $572.4 million and non-cash mark-to-market and foreign exchange movements.
Distribution per security of 3.4 cents was declared for 1H21, compared to 7.7 cents in the prior corresponding period.
Shares in Vicinity Centres (ASX:VCX)
are trading 0.62 per cent lower at $1.59