Brief: CDL Investments New Zealand FY Profit After Tax Of NZ$33.6 Mln

CDL Investments New Zealand

13/02/2019 01:01

Feb 13 (Reuters) - CDL Investments New Zealand Ltd  CDI.NZ :
    * RECORDED A PROFIT AFTER TAX OF $33.6 MILLION FOR YEAR
ENDED 31
DECEMBER 2018, AN INCREASE OF 4.6% FROM PREVIOUS YEAR
    * RESOLVED TO MAINTAIN ITS FULLY IMPUTED ORDINARY DIVIDEND
AT 3.5
CENTS PER SHARE
    * FY REVENUE $85 MILLION VERSUS $78.6 MILLION
    * SAYS 2019 WILL BE PROFITABLE, BUT SEE A SLOWING PROPERTY
MARKET
WHICH WILL IMPACT SECTIONS SALES IN COMING MONTHS
    * ALL FIGURES IN NZ$

Source text for Eikon:  ID:nNZS1k7wa 
Further company coverage:  CDI.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))