UPDATE 1-Australia’s Stockland annual profit plunges as property downturn bites
Australian residential developer
Stockland Corp on Wednesday posted a nearly 70% drop in
annual net profit, hurt by devaluations in certain portfolios
and warned on a softer performance for the 2020 fiscal year.
Stockland Corp on Wednesday posted a nearly 70% drop in
annual net profit, hurt by devaluations in certain portfolios
and warned on a softer performance for the 2020 fiscal year.
Posted by Reuters
