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Frasers Property posts 18% increase in earnings for 1HFY21 on gain from revaluation of industrial properties

Atiqah Mokhtar
Atiqah Mokhtar • 3 min read
Frasers Property posts 18% increase in earnings for 1HFY21 on gain from revaluation of industrial properties
Frasers Property recognised a gain of $358 mil following the revaluation of industrial assets in Australia and Europe.
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Frasers Property has reported earnings of $275.8 million for its 1HFY2021 ended March, representing growth of 18% y-o-y from $233.8 million previously.

Earnings per share (EPS) on a fully diluted basis, after fair value change and exceptional items, was 8.39 cents for the period, compared to 6.31 cents the previous year.

Before fair value change and exceptional items, EPS stood at 9.55 cents compared to 5.77 cents the previous year.

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