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Shopping Centres Australasia Property Group Reports FY 2021 Results

17 Aug 2021  |  08:16:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: SCA Property Group FY21 Results Announcement

Shopping Centres Australasia Property Group announced its results for the year ended 30 June 2021. It reported Net Profit After Tax of $462.9m, up by 441.4% compared to the same period last year (FY 2020). Net tangible assets of $2.52 per unit at 30 June 2021, up by 13.5% from $2.22 at 30 June 2020 primarily due to the like-for-like valuation increase. The Group did not receive any funds from the Australian Government under its JobKeeper scheme.

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