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Listed builder and developer Pochin鈥檚 has reported a half-year loss of 拢4.4m on turnover of 拢47.5m
It made a 拢319,000 profit in the first half of 2008. The loss was caused by a write down of 拢3.7m on property joint ventures.
Construction and property group Pochin has warned project delays would hit profits in the second half of the year.
Loss-making contractor says construction arm will struggle to be profitable after delays in key contracts
Projects named in deal include Euston station and Smithfield Market in Birmingham
20-year project will involve up to 7,000 homes, with Birmingham City Council and St Joseph set to begin community engagement ahead of a 2026 planning submission
Real estate giant has three schemes in the pipeline to deliver 6,000 homes as it reports profit growth
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