Berkeley’s half year profit drops 16.6%

Dec. 4, 2020
Berkeley’s pre-tax profit fell 16.6% during its first half year, it said today (December 4). During the six months to October 31 2020, the housebuilder’s pre-tax profit dropped to £230.8 million from HY 2019’s £276.7 million. With the impact of Covid-19 permeating the period, Berkeley’s home sales dropped from last year’s 1,389 to 1,104. Their average selling price was up, …

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