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08/02/2012 - 14:27

Australand suffers 15% drop in FY profit

08/02/2012 - 14:27

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Property developer Australand believes it can improve earnings despite suffering a 15 per cent drop in annual profit.Australand said its net profit dropped to $140.6 million for the year to December 31, 2011 amid weaker property markets in Queensland and Western Australia.

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