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Financial Summary

FY20 Results Summary

Results in brief (all growth rates are YoY unless specified)

  • Revenue $262.4 million, down 11.5%
    • Growth in land and housing revenue +4.9% to $246.4M; Apartment revenue -76.8% to $13.2M
  • Profit Before Tax (PBT) of $13.2 million, down 44.8%
  • Strong balance sheet maintained with the Company ready to scale operations in response to improving conditions