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Winton ‘pauses’ dividends as profits fall 48.9% to $15.7m

Fri, 23 Aug 2024

Dual trans-Tasman-listed residential developer Winton Land has seen its profit after tax drop by 48.9% to $15.7 million from $64.6m the prior year to June. Citing difficult market conditions, the company has paused paying a final dividend to maintain “financial discipline through softer market

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Winton ‘pauses’ dividends as profits fall 48.9% to $15.7m
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