Mirvac Group net profit up 30%, increased energy savings

Mirvac Group reported operating net profit after tax had increased 30.2% to AU$358.5m for the 2010/2011 financial year, with statutory net profit down by 22.3% to AU$182.3m and operating earnings per stapled security up 13.7% to 10.5 cents, in line with guidance. During that same time, the firm also reported an increase in their average office NABERS rating, portfolio energy savings of 3m kWh and equivalent greenhouse gas emissions savings of 3,301 tonnes of carbon dioxide emissions.