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Interim Report (Half Year) H2 2018: Canadian Apartment Properties Real Estate Investment Trust reports for half year-ended 30 June 2018 Corporate Wire Date: 22 September 2018 00:53 EDT

Sep 22, 2018 - News Bites Canadian Markets

CANADIAN RESULTS

Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN), reported for the half year-ended 30 June 2018

Major changes compared with previous corresponding period [Year-on-Year]:

Favourable Changes:

- Net profit was up 48.3% from CAD244.0m ($US187.4m) to CAD361.8m ($US273.5m)

Interim (Half Year)

Currency Conversion (June 30, 2018): $US1 = CAD1.32

Currency Conversion (June 30, 2017): $US1 = CAD1.3

ACTIVITIES:

Ca...