Market Reacts Well to Strong iProperty Group Results

Property Portal Watch - 25 August 2011

The iProperty Group (ASX:IPP) has today released its half-year results. The good news for the company is that revenues are up 80% year on year to AU$5.2m for the first half of 2011. The other good news is that the loss improved from AU$1.5m in the first half of 2010 to AU$1.1m in first half 2011.

So what is behind these strong results? As Chairman of the iProperty Group, I thought it would be good to give you my perspective ...

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