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Finbar : Reports $5.1 Million Profit in FY17

ASX MARKET & MEDIA ANNOUNCEMENT 23 August 2017 FINBAR REPORTS $5.1 MILLION PROFIT IN FY17 Key Points: Operating profit of $9.6 million After tax net profit of $5.1 million $2 billion project pipeline with $1 billion in approved projects 21 years of consecutive profit Perth, 23 August 2017: Finbar Group Limited (ASX: FRI) (Finbar or the Company) has delivered a profit after tax and impairments of $5.1 million for the full year ended 30 June 2017 after releasing its audited results today . This result represents 21 years of consecutive profit for the Company. The after-tax profit was directly impacted by subdued Perth property market conditions resulting in moderating sales conditions and further reduction in valuations on investment property totalling $4.5 million from an operating profit of $9.6 million. Finbar completed FY17 by more than doubling its cash position to $67 million. A portion of this cash has subsequently enabled the full repayment of facilities for...

The ghost estates that still haunt Ireland

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A decade after the crash, Shannon Valley housing estate , on the outskirts of Ballaghaderreen, in Co Roscommon, remains unfinished and partly in ruins. Although the number of “ unfinished housing developments ” has fallen sharply since 2010, Shannon Valley is one of hundreds that still dot the country. The Guls: ‘Every day I put rats in the bin’ Fatima Gul says her little brother, Yousaf, doesn’t like the rats. He jumps up on the sofa or the table in the living room when they come into the house. Their parents don’t allow Fatimar, who is 10, or her nine-year-old sister, Maryam, or Yousaf and his twin, Zohra, who are five, to play near the houses on the other side of their green. It’s too close to the rats and the rubble. Shannon Valley “ ghost estate ” outside Ballaghaderreen, Co Roscommon. Photograph: Simon Carswell" height="349" src="https://www.irishtimes.com/polopoly_fs/1.3181475!/image/image.jpg_gen/derivatives/landscape_620/image.jpg" width="620...

River Terrace Apartments

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Quizzes Lists Topics Save The River Terrace Apartments is an apartment building located at 7700 East Jefferson Avenue in Detroit, Michigan. It was listed on the National Register of Historic Places in 2009. [1] River Terrace Apartments was one of the first two garden apartment complexes built in Michigan which used loan guarantees from the Federal Housing Administration , the other being Hillcrest Village in East Lansing. [2] History By the late 19th century , the corridor along East Jefferson Avenue had become a prestigious residential neighborhood . As the automobile age dawned in the twentieth century and Detroit's population boomed, large upscale apartment buildings were constructed along the Avenue. However, this boom in apartment construction collapsed at the start of the Great Depression. However, in 1939, Wesson Seyburn, along with Leonard P. Reaume, of the property management firm of Holden & Reaume, applied for a building permit to construct this apart...