Summerset Group Holdings LimitedNZX: SUM

SUM: Underlying profit up 8% to $206.4m, with strong sales and robust portfolio growth

· Issued by Summerset Group Holdings Limited

Underlying profit rose 8% to $206.4m on record sales, with net profit at $339.8m (down 20% year-over-year) due to lower fair value gains. Strong demand, portfolio growth, and prudent capital management offset inflation and property market headwinds.

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