WESTFIELD has posted a $1.114 billion profit for the year ended December 31, it's first since 2007, largely due to a recovery in property valuations.
This compares with a loss of $457.8 million in the prior corresponding period, the Sydney based group said in a statement.
The world's largest owner of shopping malls by value said revenue fell 12.1 per cent to $3.625 billion.
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ANZ shares jump after profit resultTractor Supply income soars
