NZL: Net profit surged 113% to $23.1 million, fueled by rental growth and asset revaluation gains

About this update from New Zealand Rural Land Co. Ltd.

Net profit more than doubled to $23.1 million, driven by higher rental income and fair value gains. Major portfolio expansion and a 25% stake sale to Land Trust strengthened the balance sheet, while new orchard and forestry acquisitions diversified income. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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