SUNLAND GROUP ANNOUNCES FULL YEAR PROFIT OF $31.3 MILLION AFTER TAX
Sunland Group (‘Sunland’ or ‘Group’) today announced an after tax profit of $31.3 million for the full year ended 30 June 2018, exceeding the Group’s guidance of $27 million to $30 million (2017: $35.3 million profit).
SUNLAND GROUP ANNOUNCES FY18 HALF YEAR PROFIT OF $20.7 MILLION AFTER TAX
Leading property developer Sunland Group (‘Sunland’ or ‘Group’) today announced an after tax profit of $20.7 million for the half year ended 31 December 2017, up 314% on the previous corresponding period (1H 2017: $5.0 million).
Sunland Managing Director, Sahba Abedian, said the result represents an increase in the volume and value of settlements from its multi-storey and residential housing portfolios, and the ongoing contribution from the Group’s retail holdings.