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Cedar Woods Reports Robust Half-Year Financial Growth

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Cedar Woods Reports Robust Half-Year Financial Growth

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An update from Cedar Woods Properties Limited ( (AU:CWP) ) is now available.

Cedar Woods Properties Limited reported a significant increase in its financial performance for the half-year ended December 2024, with a 59% rise in revenue and a 468.2% surge in profit after tax compared to the previous year. The interim dividend has been increased by 25%, reflecting the company’s strong market position and successful operations. Additionally, Cedar Woods gained a 51% interest in Tarkine Property Pty Ltd, further enhancing its development capabilities.

More about Cedar Woods Properties Limited

Cedar Woods Properties Limited operates in the real estate industry, primarily focusing on property development. The company is involved in creating residential communities, commercial properties, and industrial estates, mainly within Australia.

YTD Price Performance: -2.55%

Average Trading Volume: 51,654

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$442.3M

See more data about CWP stock on TipRanks’ Stock Analysis page.

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