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How Desane’s $40M Penrith Project Shapes Its Future Amid Steady HY25 Profit
12:22pm on Thursday 26th of February, 2026 AEDT
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Real Estate
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How Desane’s $40M Penrith Project Shapes Its Future Amid Steady HY25 Profit
12:22pm on Thursday 26th of February, 2026 AEDT
Key Points
HY25 EBIT of $0.8 million and net profit of $0.2 million
Total assets steady at $103.9 million; gearing remains low at 33.5%
Refinanced property debt on favourable terms with National Australia Bank
Sold 13 Sirius Road, Lane Cove for $8.7 million
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DESANE GROUP HOLDINGS (ASX:DGH)
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