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Aevum Forecasts 10 to 20% Net Profit Decline in 2009
Oct 29 2008
1 min read
The Weekly Source

The largest pure retirement village operator, Aevum, predicted at its Annual General Meeting
last week that its net profit after tax for 2009 will decline from this year’s $28.5 million by
10 to 20 percent, based on the housing market not sinking further. It should be noted that
Aevum’s 2008 net profit was up 24 percent on 2007.

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