Town and Country Housing Group First Half Year Trading Statement (9527T)
2021年11月30日 - 4:44PM
RNSを含む英国規制内ニュース (英語)
TIDM37PX
RNS Number : 9527T
Town and Country Housing Group
30 November 2021
Town and Country Housing: First Half Year Trading Statement
30 November 2021
Town and Country Housing (TCH) is today issuing its consolidated
unaudited trading statement, for the first half of the financial
year ending 31 March 2022.
6 months 6 months
to Sept to Sept
21 20
GBP000 GBP000
Operating surplus 13,745 13,704
Surplus on disposal of assets 1,705 1,176
Net interest payable (6,979) (6,958)
Taxation & non-controlling interest (17) 1
Surplus 8,454 7,923
================= ================
Note: No assumption is made about any gain on revaluation of
investment properties in either year, as revaluation is undertaken
at year end.
TCH became part of Peabody Group on 9 May 2019 and will continue
as an operating subsidiary.
Rental income from the core business continued to perform
strongly, however maintenance costs are GBP1.5m higher than in
2020. This is due to clearing a backlog of repairs jobs and
preparing for the re-procurement of the major repairs contract.
There is also additional expenditure on fire safety remedial
works.
Shared ownership 1(st) tranche sales and private sales generated
a surplus of GBP2.6m which was GBP2.2m ahead of 2020. This is due
to an enlarged programme and a carry-over of sales from 2020.
At 30 September 2021 TCH had 70 properties for sale. 48
properties were reserved. Of the remaining 22 available properties,
3 have been void for greater than 6 months (2 are show homes).
Disposal of assets provided a further GBP1.7m of surplus.
Net interest payable was in-line with 2020.
On August 20, 2021, S&P Global Ratings (S&P) lowered its
long-term issuer credit rating on Peabody Group from 'A' to 'A-'
with a stable outlook. At the same time the credit rating on Town
& Country Housing (TCH) was similarly lowered. This was because
S&P considers TCH to be a core subsidiary of Peabody.
Future Information Releases
The next financial reporting will be the statutory financial
statements which we expect to release in late July / early August
2022.
Further Information
For further information contact Mike Hyams, Regional Finance
Director on 01892 501477
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
TSTEAEFNAEXFFAA
(END) Dow Jones Newswires
November 30, 2021 02:44 ET (07:44 GMT)
Tchg Capital 45 (LSE:37PX)
過去 株価チャート
から 11 2024 まで 12 2024
Tchg Capital 45 (LSE:37PX)
過去 株価チャート
から 12 2023 まで 12 2024