News and Announcements
Folkestone (ASX: FLK): half year result
- Published February 20, 2014 5:45PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Folkestone (ASX: FLK) today announced its half year result for the six months ended 31 December 2013.
Key Highlights
- Net profit after tax of $1.6 million
- Successfully raised $25 million from a Placement and Entitlement Offer
- Strong growth in funds under management to $700 million
- Two new unlisted funds closed oversubscribed
- Australian Education Trust successfully raised $45 million and acquired 31 early learning centres
- Secured first exposure to Sydney residential development market
- Continued strong sales at the Officer residential land subdivision
- Pre-sold the Stage 1 retail development at Altona North to a new Folkestone fund
Please follow the links below to read more:
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