AGENT EXITS, LOW LISTINGS HURT MCGRATH
Written on the 23 February 2017 by Laura Daquino
PROFITS have dived 72 per cent at real estate group McGrath (ASX:MEA) to $2.4 milllion on the back of low property listings.
To its favour, McGrath has $5.3 million in cash, no bank debt and assets of $94.4 million.
Business News Australia.