Half Year 2021 Charter Hall Group Earnings Call Transcript

Feb 16, 2021 / 11:00PM GMT
Operator

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(Operator Instructions) Please note that this conference is being recorded today, Wednesday, 17th of February. I would now like to hand the conference over to your host today, Mr. David Harrison, Managing Director and Group CEO. Thank you, sir, please go ahead.

David William Harrison - Charter Hall Group - MD, Group CEO & Director

Good morning, and welcome to the Charter Hall Group Half Year Results for the Financial Year '21. I'm David Harrison, Managing Director and Group CEO of Charter Hall. Presenting with me today is Sean McMahon, our Group CIO; and Russell Proutt, our Group CFO.

Slide 4 highlights the continuation of growth and resilience, which has characterized our results for 10 years. First half operating earnings post-tax was $129 million or $0.278 per security. For the 12 months to the end of December '20, that equates to an operating earnings return on contributed equity of 13.1% post-tax, generating a higher pretax return of circa 15%. The group's property investment portfolio remains stable at $2

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