GPT posts fall in half-year profit

Group flags continuing focus on capital allocation ahead of Oct strategy update.

GPT Group (GPT) has flagged a continued focus on capital allocation as a core revenue driver after unveiling a lower profit for the June half.

Investors responded well to the result. At the 1015 AEST official market open, GPT shares were 1.21% at $3.765, against a benchmark index fall of 0.07%.

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