REA Group ASX:REA) says it has lifted net profit by around 28 per cent in the first half.
Revenue jumped 20 per cent to $314.8 million with a huge boost in Australian revenue. New and top tier products also provided strong revenue growth.
REA Group says its realestate.com.au share of residential property listings nationwide stands at 95 per cent of all real estate listings and the site outstrips its nearest competitors in all areas.
European business grew by 13 per cent whilst the Asian investment in iProperty Group should also see strong growth there in the months to come.
An interim dividend of 36 cents per share has been announced.
