Oasis Crescent Property Fund reported earnings results for the six months ended September 30, 2014. For the period, the company reported revenue of ZAR 40,573,000 compared with ZAR 25,922,000 for the same period last year. Operating profit for the period was ZAR 24,138,000 compared with ZAR 18,393,000 for the same period last year.

Net profit for the period was ZAR 24,293,000 or 53.9 cents basic per share compared with ZAR 18,497,000 or 43.1 cents basic per share for the same period last year. Headline earnings and diluted headline earnings per unit including non-permissible income was 55.5 cents compared with 29.8 cents for the same period last year. Headline earnings were ZAR 24,994,000 compared with ZAR 12,788,000 for the same period last year.

Net cash inflow from operating activities was ZAR 20,314,000 compared with ZAR 15,901,000 for the same period last year. Net asset value per unit was 1,774 cents against 1,624 cents a year ago. Additions to investment properties were ZAR 5,704,000 against ZAR 2,134,000 a year ago.