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Globalworth Real Estate Investments Swings To Interim Profit

28th Aug 2018 18:17

LONDON (Alliance News) - Globalworth Real Estate Investments Ltd said Tuesday that it swung to an interim profit in the six months to June 30.

For the six-month period, the company posted a profit before tax of EUR64.0 million compared to a EUR6.8 million loss a year prior.

Revenue was EUR78.1 million, up from EUR34.9 million a year ago.

The company did not provide any commentary related to the results as it expects to publish a more detailed interim report in the week commencing September 17.

Globalworth shares closed down 0.6% at EUR9.00.


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