News: MGR Australia's Mirvac posts 39.4 pct rise in half-year profit

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    Feb 7 (Reuters) - Australian property developer Mirvac Group (MGR) reported a 39.4 percent rise in half-yearly profit on Thursday.

    Statutory profit for the six months ended Dec. 31 rose to A$648 million ($461.18 million) from A$465 million in the same period a year earlier. Operating profit, which excludes one-off costs, rose 26 percent to A$290 million.

 
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