Balwin warns of profit fall due to Covid-19
The sectional title developer expects there to be strong demand for apartments, and it has launched an online sales platform
10 September 2020 - 11:59
Balwin Properties, SA’s largest sectional title developer, has warned of a steep fall in profits as Covid-19 batters the property market.
Headline earnings per share in the six months to end-August are expected to fall by between 55% and 60% from the previous period’s 40c, the group said in a trading update...
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