The Board of Directors of Dawn Properties Limited is pleased to release the 2011 interim results for the six months ended 30 September 2011. Below are brief extracts from the Chairman's Statement:

Chairman's Statement

Introduction
The economy has maintained a steady growth path abetted by the strong performance in the mining and tourism sectors. Growth for the fiscal year 2012 is expected to be 9.4% slightly ahead of the forecast of 9.3% for 2011...
Strategy execution
I am glad to report that progress has been made although I would have wished to report more concrete outcomes in certain areas...
Financial Review - Statement of Comprehensive Income
Turnover for the period at $3.3 million was 25% ahead of turnover achieved in the prior period. Total operating costs increased by 14% mainly driven by the agro business unit which grew substantially...
Outlook
The group's property portfolio has the potential to yield meaningful profits and cash flow, which in part, can be channelled to property development initiatives...
Appreciation
May I take this opportunity to thank all the stakeholders for their invaluable support. To the Board members, income tax provision management and staff your dedication is appreciated.
To download the full unaudited results for the six months ended 30 September 2011 please click on the link below.

• Download the full results