Australand H1 net profit slips

Property group tipping uptick in leasing activity to lift FY performance.

Australand Property Group Ltd expects an uptick in leasing activity to boost its full-year earnings despite posting minor declines in both first-half net profit and revenue.

In the six months to June 30, Australand's net profit was $88.415 million, 1% lower than the $89.672 million recorded in the previous corresponding half.


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