Plaza Centres p.l.c. Reports Unaudited Group and Company Earnings Results for the Six Months Ended June 30, 2018
July 23, 2018
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Plaza Centres p.l.c. reported unaudited group and company earnings results for the six months ended June 30, 2018. For the six months, the group reported revenue of EUR 1,560,698 against EUR 1,478,723 a year ago. Operating profit before depreciation was EUR 1,238,009 against EUR 1,223,193 a year ago. Operating profit was EUR 975,469 against EUR 992,363 a year ago. Profit before tax was EUR 740,823 against EUR 798,860 a year ago. Profit was 544,314 against EUR 604,668 a year ago. Earnings per share were 1.9 cents against 2.1 cents a year ago. Net cash generated from operating activities was EUR 1,348,505 against EUR 1,234,168 a year ago.
For the six months, the company reported revenue of EUR 1,251,670 against EUR 1,215,409 a year ago. Operating profit before depreciation was EUR 949,098 against EUR 988,619 a year ago. Operating profit was EUR 760,849 against EUR 814,703 a year ago. Profit before tax was EUR 693,069 against EUR 787,476 a year ago. Profit was 513,274 against EUR 609,320 a year ago. Net cash generated from operating activities was EUR 985,277 against EUR 885,025 a year ago.
Plaza Centres p.l.c. is a Malta-based company. The Companyâs principal activity is to lease, manage and market the Plaza Shopping and Commercial Centre. The Company has one reportable segment that is to lease, manage and market commercial property. The Companyâs offerings are divided into various categories: Lifestyle, Shop, Eat, Train, Play, and Glow. The Plaza Shopping and Commercial Centre (the Plaza) has eight dynamic floors, four dedicated to bustling retail, food, fitness, and entertainment, and five others meticulously tailored for contemporary office environments. The Company provides leasing options at the Plaza for office space, a retail floor, or a food outlet. The Plaza Shopping and Commercial Center hosts the stores, including Dr. Juice, BORTEX, JULES, JUNCTION, MiMi, Pasta REPUBLIC, THE TIFIN BOX, TIFIN Diner, FRANKS, LUCY World, and THE BODY SHOP. The Plaza is located in Bisazza Street, Sliema, Malta.