Aug 18 (Reuters) - Avjennings Ltd (AVJ) :
- FY PROFIT ATTRIBUTABLE A$13.1 MILLION VERSUS A$18.7 MILLION
- DECLARES FINAL DIVIDEND OF 0.67 AU CENTS PER SHARE
- FY REVENUES A$222.8 MILLION VERSUS A$311.1 MILLION
- DESPITE RECENT INCREASES IN AUSTRALIAN AND NZ CASH RATES WE HAVE NOT SEEN ANY SETTLEMENTS DEFAULT
- SALES PRICING REMAINS STEADY AND CO HAS NOT SEEN REDUCTIONS IN HOUSE VALUES
- "HIGH RENTS DUE TO VIRTUALLY LITTLE OR NO INVESTMENT STOCK HAS ALSO FURTHER SHIFTED BUY VERSUS RENT EQUATION TOWARDS BUY OPTION"
News: AVJ Avjennings Ltd Posts FY Profit Attributable A$13.1 Million
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