FilingReader Intelligence

GMT announces profit, distribution growth and Highbrook partnership

June 2, 2025 at 07:30 AM UTCBy FilingReader AI

Goodman Property Trust (NZX:GMT) has announced its financial results for the year ended 31 March 2025, reporting a profit of NZD 109.6 million and a 5% increase in distributions. This result was driven by a 13.5% increase in net property income to NZD 230.5 million, fueled by new development completions and positive leasing results. Operating earnings after tax reached NZD 125.0 million, with cash earnings per unit rising to 7.55 cents.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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