Delta International Property record headline loss per share of $29.12

Posted On Monday, 12 January 2015 15:34 Published by
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Delta International Property widens its loss in the September quarter‚ mainly as a result of foreign exchanged losses on its dollar-denominated debt.

Sandile Nomvete

The AltX listed group‚ with a primary listing in Bermuda recorded a headline loss per share of 29.12 US cents between July and September from a previous loss of 2.1 US cents in the ten months to June.

Delta said it incurred an unrealised foreign exchange loss of $4.4m. Also weighing on earnings was a deferred tax expense of $1.8m relating to investment property fair value adjustments.

Last modified on Tuesday, 13 January 2015 12:30

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