IIP’s half year results to 30 September 2017 reflect weakness in the Indian Rupee exchange rate around the period end and ongoing difficulties in progressing the development of the main transport and logistics asset, DLI. The reported NAV per share has declined from 41p at 31 March 2017 to 35p at the half year point. While the policy background remains favourable to the logistics sector in India, current operating conditions are tough and IIP requires additional finance to compete the build-out ....
14 Dec 2017
N+1 Singer - Infrastructure India - NAV declines further - financing discussions continue
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
N+1 Singer - Infrastructure India - NAV declines further - financing discussions continue
Infrastructure India plc (IIP:LON) | 0 0 0.0% | Mkt Cap: 6.82m
- Published:
14 Dec 2017 -
Author:
Trevor Griffiths -
Pages:
5
IIP’s half year results to 30 September 2017 reflect weakness in the Indian Rupee exchange rate around the period end and ongoing difficulties in progressing the development of the main transport and logistics asset, DLI. The reported NAV per share has declined from 41p at 31 March 2017 to 35p at the half year point. While the policy background remains favourable to the logistics sector in India, current operating conditions are tough and IIP requires additional finance to compete the build-out ....