Global property developer Lend Lease Group (LLC) has posted a 16.4% slide in half year net profit to $251.6m

CommSec

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Global property developer Lend Lease Group (LLC) has posted a 16.4% slide in half year net profit to $251.6m. The result was impacted by a fall in revenue from its development unit and a 26% slump in operating profit locally. Development earnings fell by $75.4m; partly due to income in the previous half which included profit from the first two commercial towers at Barangaroo South. Watch the full report here:


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CommSec
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