Metroland Australia has booked a net profit of $734,000 for the year ended June 30, 2006 – an increase of 48.9% from $352,000 last year.
The company’s revenue over the 12 months soared 94.9% to $8.6 million.
Metroland has announced a final dividend of 5 cents for the year unchanged from last year.
The company said it is in a well placed position to further improve its performance and take advantage of other opportunities in the future.
By Kathryn O’Meara
