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)

1 stock mentioned

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...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment