Lifestyle Communities Ltd (AU:LIC) has released an update.
Lifestyle Communities Ltd reports an anticipated FY24 operating profit after tax between $52.4m to $53.4m, down from the previous year’s $71.1m, amidst challenging economic conditions and negative media coverage. The company achieved its fourth-highest sales result with 376 new homes despite a market downturn, highlighting the resilience of its business model. However, future guidance has been withdrawn due to uncertainties affecting sales and settlements.
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