Peet Limited (AU:PPC) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Peet Limited, a leading property developer, reported a solid financial performance for 2024, despite challenging market conditions such as interest rate hikes and inflation. The company achieved a statutory profit after tax of $36.6 million and EBITDA of $66.7 million, showcasing the strength of its diversified portfolio and strategic execution. Peet’s robust performance was bolstered by price growth in Western Australia, South Australia, and Queensland.
For further insights into AU:PPC stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue