India, Aug. 15 -- Norwegian real estate company Aurora Eiendom AS (IL7.F) reported Friday that second-quarter net income from property management amounted to 123 million Norwegian kroner, higher than last year's 120 million kroner.
The pre-tax profit, incorporating fair value adjustments of investment properties and interest rate derivatives, stood at 16 million kroner, down from 20 million kroner a year ago.
Rental income in the quarter was 151 million kroner, higher than 147 million kroner a year ago.
In the first half, net income from property management slightly decreased to 246 million kroner from 247 million kroner a year ago impacted by higher maintenance costs than in 2024.
Year-to-date pre-tax profit significantly decreased to ...