Lend Lease Profit Results

Submitted by Share Trading on 16 August, 2010 - 10:09

Australia's largest property developer, Lend Lease (ASX:LLC) have released their profit results. Full year net profit is $345.6 million, reversing a net loss in the previous fiscal year of $653.6 million. For the FY09-10 fiscal year ending June 30 Lend Lease saw their revenue down from $14.79 billion to $10.57 billion. Operating profit after tax stood at $323.6 million.

Lend Lease Dividends

Lend Lease have announced a dividend of 12 cents per share, fully franked - down from a 16 cent dividend last year. Full year dividends per share totalled 32 cents.