WIN: Revenue down 60% but gross margin up to 35%; commercial segment grew 67% year-over-year

About this update from Winton Land Limited

Revenue fell 60% year-over-year due to lower residential settlements, but commercial revenue grew 67% as hospitality and office assets ramped up. Gross margin improved to 35%, and the net loss narrowed to NZD 0.9 million. The outlook remains cautious amid subdued market conditions.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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