REA 0.17% $199.70 rea group ltd

News: REA News Corp owned real-estate firm REA posts annual earnings lift

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    Aug 9 (Reuters) - REA Group (REA) , largely owned by News Corp NWSA.O , on Friday posted a rise in annual earnings and hiked its dividend reflecting price increases and a lift in national listings in Australia.

    The company, which operates residential and commercial property websites said net profit after tax from core operations rose 24% to A$460.5 million ($303.38 million) from A$372.2 million reported a year ago.

    The firm declared a final dividend of A$1.02 per share, up from 83 Australian cents apiece it declared a year ago. ($1 = 1.5179 Australian dollars)

 
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