February 6, 2019 / 9:50 PM / 5 months ago

Australia's Mirvac posts 39.4 pct rise in half-year profit

Feb 7 (Reuters) - Australian property developer Mirvac Group reported a 39.4 percent rise in half-yearly profit on Thursday.

Statutory profit for the six months ended Dec. 31 rose to A$648 million ($461.18 million) from A$465 million in the same period a year earlier. Operating profit, which excludes one-off costs, rose 26 percent to A$290 million.

Reporting by Nikhil Subba in Bengaluru; Editing by Stephen Coates and Leslie Adler

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