Sunland Group (ASX:SDG) has announced a significant decrease in their year-end figures, with an attributable profit down 64% to A$33.4 million.

Furthermore, there has been a 55% decrease in the company’s full year revenues from ordinary activities, having dropped to A$267.2 million.

The company also declared a final dividend of 11 Australian cents per share.

A further report highlights an identical 55% drop in Sunland Group’s (ASX:SDG) yearly revenue from ordinary activities, settling at A$267.2 million.

Sunland Group is a prominent property development company based in Australia, focusing primarily on design-led projects.