Ingenuity Property Investments Limited provided earnings guidance for the six months ended 28 February 2019. For the period, the company expects that headline earnings per share (HEPS) of 2.5 cents, which is an increase of 400% when compared to HEPS of 0.5 cents reported for the corresponding six months ended 28 February 2018; and earnings per share (EPS) of 5.6 cents, which is a decrease of 26% when compared to EPS of 7.6 cents reported for the corresponding six months ended 28 February 2018. HEPS has increased mainly due to a decrease in net finance costs and the related tax effects thereof, compared to the corresponding six months ended 28 February 2018, resulting from lower borrowings due to sales of properties. EPS has decreased mainly due to net increases in the fair value adjustments to properties being substantially lower than the comparative period due to less properties in the portfolio and adjustments to lower market growth assumptions.