Infratil (NZE:IFT) reported a loss of NZ$0.255 per share for the six months ended Sept. 30, compared with earnings of NZ$1.383 per share a year ago, according to a Thursday filing with the Australian and New Zealand bourses.

The global infrastructure investment company logged a net loss of NZ$212.2 million, compared with a net surplus of NZ$1.15 billion a year ago. Infratil noted that the prior year included a NZ$1.1 billion accounting revaluation of its stake in One NZ, while the current period was impacted by elevated amortization relating to that transaction and negative NZ$63 million of foreign exchange and derivative revaluations, as per the filing.

Total revenue rose to NZ$1.72 billion from AU$1.29 billion a year earlier. Analysts polled by Visible Alpha expected NZ$1.76 billion.

Infratil confirmed its earnings before interest and taxation, depreciation and amortization, and fair value adjustments guidance of NZ$320 million to NZ$330 million for fiscal 2025 but noted that it is currently trending toward the lower end.

The company declared a dividend of NZ$0.0725 per share payable on Dec. 10 to shareholders of record as of Nov. 21, compared with a payout of NZ$0.07 per share a year ago.

Infratil's Kiwi shares were down nearly 2% in recent Thursday trade.

Price (AUD): $12.21, Change: $-0.20, Percent Change: -1.63%