Capital & Counties Properties Plc (CAPC.L) reported that its 2012 profit before tax increased to 245.5 million pounds from 161.9 million pounds, restated, last year. Profit for the year was 240.0 million pounds compared to 158.5 million pounds prior year. Profit per share from continuing operations increased to 34.0 pence from 24.0 pence last year.
Underlying profit after tax increased to 12.5 million pounds from 9.6 million pounds last year. Underlying earnings per share, in pence, was 1.8 compared to 1.4 prior year.
Revenue increased to 115.3 million pounds from 108.4 million pounds last year. Net rental income was 65.3 million pounds compared to 69.0 million pounds prior year.
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