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Winton Land Limited ( (AU:WTN) ) has issued an announcement.
Winton Land Limited announced a decrease in revenue to $81.1 million for the six months ending December 31, 2024, down 5.3% from the previous year. The company reported a net loss after tax of $2.0 million, attributed to lower property settlements and increased administrative expenses. Despite these challenges, Winton has maintained its strategy of diversifying revenue streams and is positioning itself to benefit from an improving property cycle. It completed significant projects, including the refurbishment of the Cracker Bay office building and the opening of new facilities at Ayrburn.
More about Winton Land Limited
Winton Land Limited operates in the real estate industry, focusing on residential property development. The company is known for its diverse portfolio, including retirement living units, and is committed to a strategy of revenue diversification.
Average Trading Volume: 1,461
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$493.5M
For an in-depth examination of WTN stock, go to TipRanks’ Stock Analysis page.