CANBERA (dpa-AFX) - Goodman Group reported that its operating profit for the half year ended 31 December 2021 was A$786.2 million, up 28% from last year. Operating earnings per security of 41.9 cents, up 27% on the same period last year.
Statutory profit climbed to A$2.00 billion from A$1.04 billion last year. The latest period result included significant property valuation gains, derivative and foreign currency mark-to-market movements and other non-cash, non-recurring items.
The Group has increased its guidance for fiscal year 2022 with operating earnings per share growth projected to be 20%.
The Group is advancing its commitment to renewable energy with another 75MW of solar to be committed or installed by June 2022 taking its total to 200MW.
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