Cosmopolitan realises 255pc rise in turnover to $418.29m

Property investor Cosmopolitan International Holdings has said interim profit has rocketed 14.5 times to $135.76 million, propped up by an exceptional gain of $123.38 million from disposal of investment properties. Turnover surged 255 per cent to $418.29 million. Earnings per share were 122.66 cents, with a proposed interim dividend of 30 cents.