Domain Holdings Australia
(ASX:DHG) today announced its 2019 full-year financial results showing net profit after tax of $37.4 million down 29.3 per cent.
Revenue of $335.6 million down 6.1 per cent.
EBITDA of $98.0 million down 15.3 per cent.
Domain Chief Executive Officer and Managing Director, Jason Pellegrino, says "Domain delivered a solid performance in the context of the challenging year faced by the Australian property market. Property sales as a percentage of Australia's dwelling stock are at their lowest point in more than 20 years".
Shares in Domain Holdings Australia
(ASX:DHG) are trading 2.44 per cent lower at $2.80.
