New Africa Properties Ltd. reported unaudited consolidated earnings results for the half year ended January 31, 2016. For the period, the company reported revenue was BWP 73,476,000 against BWP 71,352,000 for the same period in the last year. Operating profit was BWP 59,778,000 against BWP 58,689,000 for the same period in the last year.

Profit before taxation was BWP 115,722,000 against BWP 97,980,000 for the same period in the last year. Profit after taxation was BWP 103,957,000 against BWP 89,398,000 for the same period in the last year. Net cash used in operating activities was BWP 2,012,000 against BWP 4,930,000 for the same period in the last year.

Investment property acquired or improved was BWP 1,463,000 against BWP 54,000 for the same period in the last year. Earnings per linked unit were 17.2 thebe against 14.79 thebe for the same period in the last year. Net income from operations was BWP 61,848,000 against BWP 60,870,000 a year ago.