Precinct Properties NZ Ltd & Precinct Properties Investments Ltd (OTCPK:AOTUF)
$ 0.725 0 (0%) Market Cap: 1.10 Bil Enterprise Value: 2.02 Bil PE Ratio: 27.88 PB Ratio: 0.76 GF Score: 0/100

Half Year 2022 Precinct Properties New Zealand Ltd Earnings Call Transcript

Feb 22, 2022 / 09:00PM GMT
Release Date Price: $1.11
Operator

Thank you for standing by, and welcome to the Precinct Properties 2022 Half Year Results Conference Call. (Operator Instructions)

I would now like to hand the conference over to Mr. Scott Pritchard, CEO. Please go ahead.

Scott Pritchard
Precinct Properties New Zealand Limited - CEO

Thank you, Kaley, and good morning, everyone, and welcome to the 2022 half year results briefing for Precinct Properties. I'm Scott Pritchard, and I'm joined by George Crawford, Precinct's Deputy Chief Executive; and Richard Hilder, Precinct's Chief Financial Officer.

Somewhat similar to previous announcements, the first half of the 2022 financial period has been dominated by the impacts of COVID with prolonged lockdowns impacting on our portfolio, in particular, our retailers, our hospitality venues and event spaces. Despite those headwinds, the performance of the core office portfolio has been very strong, supported by our high-quality occupiers and a resilient office market.

The program for today's call is outlined on Page 2 of the presentation. I'll

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