Simonds Group Limited Reports Earnings Results for the First Quarter Ended September 30, 2022

Simonds Group Limited is an Australia-based company, which is engaged in the homebuilding business. The Company is engaged in designing, selling and construction of residential dwellings. The Company’s businesses include Simonds Homes, which is a homebuilder in Australia. Its Simonds Homes product range includes single and double story detached homes, with a target market being first and second home families in the metropolitan areas and large regional cities. The Company's segments include Residential construction and Development. The Residential construction segment includes activities relating to contracts for residential home construction, speculative home building and the building of display home inventory. The Development segment includes activities relating to land development and sales.