WIN: Revenue and profit declined sharply, but margins and presales remain robust amid market challenges

About this update from Winton Land Limited

FY 2024 saw revenue fall 21.5% to NZD 173.6 million and net profit drop 75.6% to NZD 15.7 million, but development margins stayed above 40%. Despite market headwinds, the presale book remains strong at NZD 411.7 million, and the company is positioned to capitalize on future recovery.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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