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Showing 31 - 40 of 209 results for "NPAT"

Macquarie profits boosted by commodities

CASSANDRA BALDINI  |  TUESDAY, 7 FEB 2023
... to varied market conditions and diversity in its activities. Reporting to the ASIX, the group said net profit after tax (NPAT) for the three months to 31 December 2022 (3Q23) was "slightly" up on the same nine months a year earlier, a period it said ...

AMP warns $68m impairment expected

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
... impairments will result in a reduction in statutory profit, AMP said it won't impact it underlying net profit under tax (NPAT), which remains its "preferred measure of profitability." "AMP remains focused on continuing to build a robust balance sheet. ...

ClearView abandons potential takeover transactions

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
... has traded strongly and to expectation. Based on its year-to-date performance, the insurer is on track to grow underlying NPAT in FY23 in the range of $28.5 million to $30 million. "The business environment of the overall life insurance industry continues ...

Acquisitions underpin WT Financial Group results

CASSANDRA BALDINI  |  TUESDAY, 27 SEP 2022
... guiding at $7 million plus EBITDA for this year and a net profit before tax of about $5 million and net profit after tax (NPAT) about $4 million plus," he said. "There's been a lot of challenges over the past few years, but the demand for advice ...

Link Group acquires HS Pensions

ANDREW MCKEAN  |  TUESDAY, 30 AUG 2022
... wider pensions industry." Meanwhile, today, Link Group posted its FY22 results, recording a statutory net profit after tax (NPAT) loss of $67.6 million. Though this is an improvement on last year's $162.7 million loss. Year on year, the group's revenue ...

HUB24 delivers record profit, growth

ANDREW MCKEAN  |  TUESDAY, 23 AUG 2022
HUB24 reported underlying NPAT of $35.9 million, up 133% from the year prior. Releasing results today, it also had an underlying group EBITDA of $70.4 million (up 92% on FY21) and an underlying platform EBITDA of $62.3 million (up 64% on FY21). HUB24 ...

Iress records 29% jump in profit

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
Iress has reported a 29% increase to its underlying net profit after tax (NPAT), coming in at $31.8 million, as it looks to strengthen its position with superannuation funds. The increase comes in its half-year results (H1 22) which also showed revenues ...

Magellan reports NPAT, FUM slide

CASSANDRA BALDINI  |  WEDNESDAY, 17 AUG 2022
... adjusted net profit after tax and declared a significantly lower dividend. Magellan has reported a 3% drop in its adjusted NPAT to $399.7 million. Last year it was $412.4 million. Its average funds under management (FUM) also suffered a loss, dropping ...

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... 2021 as well as the release of AMP Bank credit loss provision which was partially offset by cost reductions. Its statutory NPAT more than tripled from $146 million to $481 million, largely driven by the gain on sale of the infrastructure debt platform ...

Iress halts divestment of UK mortgage business

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
... benchmark for performance. Iress reaffirmed that segment profit is expected to grow 7-10%. Underlying net profit after tax (NPAT) is expected to grow 25-37% and 2022 underlying earnings per share in the range of 40cps to 44cps on a constant currency ...