NATIONAL STORAGE LIFTS PROFIT AND REVENUE ON ACQUISITION PROGRAM, HIGHER CHARGES
Written on the 23 August 2017 by Ben Hall
NATIONAL Storage REIT (ASX: NSR) has more than doubled its after tax profit to $103.4 along with a 47 per cent lift in revenue as it was able to charge higher fees per square metre while lowering its debt.
Shares in the company were down just over one per cent to $1.54 at around 1.40pm (AEST).
Business News Australia
Author: Ben Hall