REA Group’s Half Year Result 5 Feb 21: REA benefits from strong Australian residential property market

Online property services company, REA Group (REA), released its first half earnings for financial year 2021 and reported a rise in its Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) of 9% to $290.2 million while Net Profit After Tax (NPAT) did even better with a double digit lift of 13% to $172.1 million.

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