Drum Income Plus REIT plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended March 31, 2018
Drum Income Plus REIT Plc reported unaudited consolidated earnings results for the six months ended March 31, 2018. For the period, rental income was £2,317,000 against £2,083,000 a year ago. Profit before taxation was £1,650,000 against £2,042,000 a year ago. Profit for the period was £1,650,000 against £2,042,000 a year ago. Basic and diluted earnings per ordinary share were 4.32 pence against 5.53 pence a year ago. Net cash inflow from operating activities was £2,116,000 against £1,927,000 a year ago. The Group's net asset value (NAV) at 31 March 2018 was 95.4 pence per share, an increase of 1.5% since 30 September 2017.