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How Is Summerset Driving 19% Profit Growth Amid Economic Challenges?

1:36am on Saturday 30th of August, 2025 AEST Real Estate
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How Is Summerset Driving 19% Profit Growth Amid Economic Challenges?

1:36am on Saturday 30th of August, 2025 AEST
Key Points
  • Underlying profit rises 19% to NZ$106.6 million
  • IFRS net profit after tax increases 26% to NZ$127.2 million
  • Record 692 occupation rights sales, including 354 new sales
  • Total assets grow 18% to NZ$8.7 billion with gearing at 36.7%
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