Summerset Group Holdings Reports Fourth Quartet Sales

  • Jan 10, 2020 AEDT
  • Team Kalkine

Retirement village developer, Summerset Group Holdings Limited (ASX: SNZ) has reported fourth quarter sales numbers. In 4Q19, the sales were 209, comprising 116 new sales and 93 resales.

  • New sales during the quarter were the strongest in three years.
  • The group opened three new villages in Christchurch, Tasman and Wellington.
  • Its 2019 build programme delivered 354 retirement units.

For FY 2019, the total sales of occupation rights were 652 compared to 640 in the previous year.

SNZ was trading at $8.4, up by 5 per cent from the previous close. (1:21 PM AEDT)

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK