Goodman Group Full Year Result - GMG's profit surges thanks to property revaluations

CommSec

Online Stockbroker

Goodman Group (GMG) has posted an 84% surge in annual profit to $1,208m – driven most by $710m of favourable asset revaluations. The global property group’s operating profit (which strips out revaluations and one-offs) was $653.5m; a more modest 8.7% rise and in-line with consensus . For more Reporting Season coverage, please visit (VIEW LINK)


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CommSec
CommSec
Online Stockbroker
Online Stockbroker

CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...

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