India, Aug. 12 -- TAG Immobilien AG (TEG.F), a property company, Tuesday reported net income of 151.14 million euros or 0.86 euros per share for the first half, compared with net loss of 7.12 million euros or 0.04 euros per share in the same period a year ago, primarily helped a positive valuation result of 120.36 million euros.
In the previous-year period, the company had recorded a valuation loss of 134.8 million euros.
Result from rental business or FFO I rose 4% year-on-year to 91.6 million euros. FFO I per share was 0.52 euros, up from last year's 0.50 euros.
FFO II, which includes FFO I as well as net income from sales in Poland and Germany, however, decreased to 107.3 million euros or 0.61 euros per share from 121.4 million euros ...