FilingReader Intelligence
NZ Rural Land Co profit jumps 39% on acquisition
August 21, 2025 at 10:00 AM UTC•By FilingReader AI
New Zealand Rural Land Co reported net profit of $3.5m and adjusted funds from operations of $3.9m for the first half of 2025. AFFO per share jumped 39.2% to 2.70 cents.
The company acquired a 305-hectare Canterbury dairy farm, boosting annual rental income by $290,000. Gearing fell to 29.8% while an interim dividend of 2.16 cents per share will be paid in October.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
NZX:NZL•New Zealand Exchange
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