REA Group lifts H1 profit

McLennan says first-half results are vindication of board's long-term strategy.

REA Group (REA) chairman Hamish McLennan says the group's strong first-half results are vindication of the board's long-term strategy.

In the six months to December 31, net profit was $70.69 million, a 37% increase on the $51.59 million in the previous corresponding period.

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