You are here

Revenue surge fuels 19% rise in AVJennings' full-year profit

Earnings hit A$40.9m as revenue goes up by almost one-third to A$421.9m

Singapore

A SURGE in revenue pushed Australian residential property developer AVJennings' net profit 19 per cent up to A$40.9 million (S$42 million) for the full year ended June 30 (FY2016). This represents earnings per share of 10.71 Australian cents, up from FY2015's 9.03.

FY2016...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes