Kiwi Income Property Trust announced earnings results for the six months ended September 30, 2012. For the period, the company reported net rental income was $68.0 million against $72.0 million a year ago. Operating profit before tax was $34.7 million against $41.2 million a year ago. Profit before tax was $32.0 million against $10.9 million a year ago. Profit after tax was $26.6 million against $1.5 million a year ago. Distributable income before tax was $35.0 million against $43.8 million a year ago. Distributable income after tax was $30.2 million against $36.0 million a year ago.

The company has projected cash distribution (after tax) for the year ending March 31, 2013 of approximately 6.60 cents per unit.