Calgro M3 ahead of years-long net debt reduction targets

Property developer and investor Calgro M3 says it has come a long way since its portfolio streamlining and transformation efforts started in 2016, particularly as the company is also coming out of what had been heavy Covid-19 impacts. The group posted a 262% increase in headline earnings a share to 42.79c for the six months ended August 31, compared with a headline loss a share of 26.29c posted for the corresponding period of 2020.

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