Operating Results for 2017-18
In 2017-18 GPC delivered a NPAT of $65M which can be attributed to the result of increasing asset values from continued capital program additions and prior year revalutation increases. Also incorporated into this result is a $15.4 million devaluation of our investment property portfolio, in line with the continuing broader downturn in the Gladstone commercial property sector, as well as the effect of asset revaluation increases.
Detailed financial reports are available in our 2017-18 Annual Report.
Previous Financial Reports