Goodman Group Full Year Result - GMG result boosted by strong development earnings

Goodman Group (GMG) has reported an operating profit of $714.5 million and a statutory profit of $1,274.6 million for the full year ended 30 June 2016. The main drivers of statutory profit were favourable property revaluations, totalling $810 million which included increased valuations for several urban renewal sites For more Reporting Season coverage, please visit (VIEW LINK)