News

Strategic profit up

Tuesday 21st of September 2004
Chief executive Jock Hobbssays the after tax profit is an increase of 28% over the previous year's $14.8 million result.

Profit before tax and goodwill amortisation was $29.6 million, an increase of 23% on last year's result.

The lending portfolio at June 30 stood at $251.5 million, with an average loan size of $2 million on an average 13-month term.

Hobbs said the growth in pr...

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