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News: SGP Stockland Corp Says FY Net Profit After Tax Attributable Down 69.6%

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    21/08/19
    10:40
    Post #: 40071727

    Aug 21 (Reuters) - Stockland Corporation Ltd (SGP) :

    • FY NET PROFIT AFTER TAX ATTRIBUTABLE TO SECURITYHOLDERS DOWN 69.6% TO $311 MILLION
    • FY REVENUE FROM ORDINARY ACTIVITIES DOWN 0.2% TO $2,768 MILLION
    • FINAL DIVIDEND 14.1 CENTS PER SECURITY
    • FORECAST FLAT GROWTH IN FFO PER SECURITY IN FY20
    • FORECAST FY20 DISTRIBUTION PAYOUT WILL BE AT THE BOTTOM END OF OUR 75-85 PER CENT TARGET RATIO
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