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News and Announcements

AGM Presentation from Folkestone

  • Published October 22, 2015 3:07PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

22nd October 2015, ASX Announcement

FY15 Results – Highlights:

  • Net profit after tax of $7.0 million, up 122.6% on FY14
  • Earnings per share 1.1 cents, up 57.1% on FY14
  • Net asset value (NAV) per share of 17.5 cents, up 21.5% on FY14
  • Funds under management of $917 million, up 12.8% on FY14
  • Raised $42 million from a Placement and Entitlement offer
  • Launched the Folkestone Truganina Development Fund
  • Folkestone Social Infrastructure Trust merged with the Folkestone Education Trust (FET)
  • Acquired interest in three new development opportunities
  • Secured strong pre-sales across the active developments
  •  Completed development of Stage 1 at Millers Junction and entered into JV for stage 2

To view the full presentation, please click here. 

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