Kiwi Property Group's interim profit lower as write-downs bite

Kiwi Property Group sees improving economic conditions. (Image: supplied)

Mon, 24 Nov 2025

Kiwi Property Group has turned in a markedly lower interim after-tax profit as fair-value losses on investment properties and inventory impairments weighed.“For the remainder of full-year 2026 and beyond, Kiwi Property is well positioned to benefit from improving economic conditions and the continued execution of its strategy,” it added.This was as its total revenue nudged higher in the six months to Sept 30, with underling pre-tax profit also ahead. Net tangible assets per share were $1.12 a share, down from $1.17.Kiwi Propert...

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