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ALLOS Q2 Attributable Profit Jumps 53% to US$60M
['Carlos Silva']
The Rio Times
Net income attributable to controlling shareholders rose 53.0% to R$308.1 million (US$60.4 million).
Consolidated net income was R$340.8 million (US$66.8 million), up 11.9%, while the company’s ex-straight-line-rent measure was R$294.0 million (US$57.6 million), up 57.7%.
Net income attributable to controlling shareholders was R$308.1 million (US$60.4 million), up 53.0% year on year.
Consolidated net income, profit attributable to controlling shareholders, the ex-straight-line-rent management measure and FFO answer different accounting or cash-flow questions and should not be treated as interchangeable.
Total shopping-center sales increased 3.4% to R$10.5 billion (US$2.06 billion), same-store sales rose 2.4% and occupancy remained high at 96.2%.