** Shares of Precinct Properties New Zealand PCT.NZ fall 4.4% to NZ$1.185, their lowest level since Dec. 31, 2024

** Business space developer logs 75% year-on-year drop in net profit for HY

** Also logs 16.9% decline in operating profit before income tax, attributed to increase in net interest expense

** Confirms FY25 dividend guidance of 6.75 NZ cents per share

** Stock up ~1.7% YTD, including current session's moves

($1 = 1.7541 New Zealand dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))