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UK homebuilder Crest Nicholson swings to half-year profit

June 24 (Reuters) - British homebuilder Crest Nicholson Holdings Plc on Thursday reported a swing to a half-year profit, benefiting from higher demand as buyers took advantage of government incentives and sought bigger houses better suited to remote working.

Pre-tax profit for the six months ended April 30, 2021 was 36.3 million pounds ($50.65 million), compared with a loss of 51.2 million pounds a year earlier. ($1 = 0.7167 pounds) (Reporting by Aby Jose Koilparambil in Bengaluru; editing by Uttaresh.V)

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