Housebuilder Berkeley reports 31% slump in first-half profit

1 BUSINESS

Business News - Opportunities - Reviews

 

 

Dec 6 (Reuters) – British housebuilder Berkeley Group Plc on Friday reported a slump in first-half pretax profit as it sold fewer homes at lower prices in a Brexit hit real-estate market.

The company, which operates primarily in London, Birmingham and the South of England, said pretax profit fell 31% to 276.7 million pounds ($355.01 million) for the six months ended Oct. 31. ($1 = 0.7794 pounds) (Reporting by Samantha Machado in Bengaluru; Editing by Bernard Orr)

1 BUSINESS

Business News - Opportunities - Reviews

 

 

Leave a Reply