Daejan back in profit

FTSE 250 property business Daejan bounded back into profit in the first half but warned it was "by no means clear" when sustained growth would return to its markets.

FTSE 250 property business Daejan bounded back into profit in the first half but warned it was "by no means clear" when sustained growth would return to its markets.

The firm posted pre-tax profits of £23.3m in the six months to the end of September, up from a £121,000 loss the previous year.

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