Brisbane Markets Limited (BML) is currently finalising its financial results and audit for the half year ended 31 December 2016, and will be in a position to publish these results during the week ended 24 February 2017.
Shareholders would be aware that BML owns 36.54% of Perth Markets Limited, and our share of profit in this entity will be reflected in the BML financial results when published. Perth Markets Limited has reported to its shareholders a consolidated operating profit after tax of $24.027 million for the half year ended 31 December 2016, which includes a gain on revaluation of its investment property of $22.784 million. At 31 December 2016, Perth Markets Limited has a NTA per stapled security of $1.266.
This is a pleasing result for both PML and BML and underpins the ongoing success of the industry ownership model.
Chief Executive Officer