KEY POINTS:
Property for Industry (PFI) increased its interim profit by 6.1 per cent to $8.04 million on a 7.9 per cent increase in revenue.
The industrial property investor said interest costs were up 27.1 per cent to $4.74m due to higher interest rates.
Revenue in the six months to June 30 was $16.514m. PFI general manager Ross Blackmore said the proceeds of two divestments, totalling $27.15m, had reduced debt.
