Stockland’s Profits Drop 70%

#Stockland #Profits #SGP

Stockland’s profits are down 70% and they are currently halfway through a $1 billion divestment out of the retail sector. A sign that the retail recession is well underway.

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References

STOCKLAND FY19 RESULT – FOCUS ON SUSTAINABLE RETURNS

http://clients3.weblink.com.au/pdf/SGP/02136031.pdf

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