REA Group (ASX:REA) has announced its net profit after tax rose 12 per cent to $228.3 million for the full year ending 30 June 2017, compared with the prior corresponding period.
The leading property group’s revenue advanced 16 per cent up to $671.2 million, compared to the $579.1 million in the FY16.
REA says their focus on customer products and experiences bolstered their results.
REA’s EBITDA rose 16 per cent to $380.9 million for the year.
The company declared a 2017 full year dividend of 91 cents per share, that’s a 12 per cent gain compared to prior corresponding period.