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Elders Finance has posted a 61% operating profit

Friday 9th of September 2005
The result is partly due to an aggressive push earlier in the year, says Elders Finance and Hanover Group executive chairman Mark Hotchin.

“We decided to accelerate our borrowing programme at the end of last year and earlier this year in anticipation that lending demand would continue strongly this year, at a time when our competitors obviously believed it would fall away,” says Hotchin.

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