Brief: CDL Investments New Zealand Says HY Net Profit From Cont OPs NZ$20.8 Mln, Up 51.03%

CDL Investments New Zealand

01/08/2021 21:37

Aug 2 (Reuters) - CDL Investments New Zealand Ltd  CDI.NZ :
    * HY NET PROFIT FROM CONTINUING OPERATIONS NZ$20.8 MILLION,
UP
51.03%
    * HY REVENUE FROM CONTINUING OPERATIONS NZ$61.3 MILLION, UP
49.61%
    * EXPECT THAT DEMAND FOR RESIDENTIAL SECTIONS ACROSS COUNTRY
WILL
REMAIN HIGH FOR TIME BEING
    * MEDIUM TO LONGER TERM OUTLOOKS BECOMING SOMEWHAT UNCERTAIN
WITH
PREDICTIONS OF HIGHER INTEREST RATES AND INFLATION
    * DO NOT DISCOUNT A SUDDEN DOWNWARD SHIFT IN ECONOMIC
CONDITIONS
GLOBALLY OR REGIONALLY BEFORE END OF THE YEAR

Source text https://www.i-search.nzx.com/blobs/CDI000000/514745/CDI000000-351335.pdf
Further company coverage:  CDI.NZ 

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