Mortgage News

Kiwibank lifts profits and mortgage market share

Wednesday 27th of August 2008
Net profit for the year ended June rose to $36.8 million from $30.9 million the previous year, although new accounting standards mean the latest year's result was depressed while the previous year's result was inflated (last year's result was $25.5 million under the old rules).

Similarly, a jump in profit for the three months ended June to $6.7 million compared with $0.46 million in the prev...

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