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Annual Results

Target Healthcare REIT profit jumps

04 October 2017 08:06

Target Healthcare REIT posted a 63% rise in full-year profit after boosting its rental income.

Net profit rose to £19.1m, from £11.7m.

"Target Healthcare REIT has continued to assemble a portfolio of UK care homes capable of delivering stable rental returns through diversification by tenant, location, service and resident-choice," Chairman Malcolm Naish said.

At 8:06am: (LON:THRL) Target Healthcare Reit Ltd share price was +1.38p at 118.63p

Story provided by StockMarketWire.com

Related Company: THRL

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