Last 1,575
Change Today 0.00 / 0.00%
Volume 0.0
FFA On Other Exchanges
As of 11:00 AM 07/21/14 All times are local (Market data is delayed by at least 15 minutes).

fortress income fund ltd-a (FFA) Snapshot

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06/30/14 - $1,644
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01/28/14 - $1,336
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fortress income fund ltd-a (FFA) Details

A company description is not available for FFA:SJ.

fortress income fund ltd-a (FFA) Top Compensated Officers

Chief Executive Officer, Managing Director, D...
Total Annual Compensation: R3.0M
Financial Director and Director
Total Annual Compensation: R1.0M
Compensation as of Fiscal Year 2013.

fortress income fund ltd-a (FFA) Key Developments

Fortress Income Fund Limited Appoints Craig Hallowes to Board of Directors

Fortress Income Fund Limited announced that Mr. Craig Hallowes has been appointed to the board of directors as an executive director with effect from 9 July 2014.

Fortress Seeks Acquisition

Fortress Income Fund Limited (JSE:FFA) is looking for acquisition opportunities. The proceeds from the rights offer are expected to be used to finance the Fortress pipeline of acquisitions and developments as well as for strategic opportunities.

Fortress Income Fund Limited Reports Unaudited Consolidated Earnings Results for the Half Year Ended December 31, 2013

Fortress Income Fund Limited reported unaudited consolidated earnings results for the half year ended December 31, 2013. For the half year, net rental and related revenue was ZAR 281,184,000 against ZAR 246,542,000 a year ago. Profit before net finance costs was ZAR 648,117,000 against ZAR 573,729,000 a year ago. Profit before income tax expense was ZAR 306,152,000 against ZAR 303,488,000 a year ago. Profit attributable to equity holders was ZAR 306,834,000 or 42.80 cents per basic A and B shares against ZAR 203,880,000 or 34.03 cents per basic A and B shares a year ago. Basic earnings per A linked unit was 101.61 cents against 90.04 cents a year ago. Basic earnings per B linked unit were 61.69 cents against 47.49 cents a year ago. Headline earnings were ZAR 603,196,000 or 45.30 cents per A and B shares against ZAR 482,169,000 or 45.74 cents per A and B shares a year ago. Headline earnings per A linked unit was 104.11 cents against 101.75 cents a year ago. Headline earnings per B linked unit were 64.19 cents against 59.20 cents a year ago. Cash outflow from operating activities was ZAR 1,416,000 against ZAR 7,660,000 a year ago.


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