Westfield Group's profit falls

Group reiterates FY guidance of small increase in earnings, dividend, in H1 results.

Westfield Group (WDC) has reiterated it expects a small increase in earnings and dividend for the full-year, after posting a steep decline in interim profit. 

Net profit fell sharply to $534 million in the six months to June, from $837 million in the previous year, largely on a steep increase in property development and project management costs and $119 million in financing costs. 

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles