.
Residential property developer Stockland (ASX:SGP) booked a 35 per cent decline in its full year profit.
A fall in property valuations saw the property developer post a slump in net profit to $487 million to the end of June.
Stockland maintains an uncertain outlook for the residential property market over the next financial year.
Revenue and other income for the year fell 20.8 per cent.
The diversified property group has provided three earnings downgrades over the year due to softening real estate markets.
An unfranked final dividend of 12 cents per share has been declared.
News: Stockland FY profit falls 35%
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Last
$5.07 |
Change
-0.085(1.65%) |
Mkt cap ! $12.74B | |||
| Open | High | Low | Value | Volume |
| $5.17 | $5.18 | $5.05 | $11.70M | 2.294M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 14685 | $5.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.07 | 43370 | 42 |
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| Last trade - 15.40pm 20/11/2024 (20 minute delay) ? |
| SGP (ASX) Chart |
