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Showing 61 - 70 of 209 results for "NPAT"

Netwealth cash margin could squeeze

KANIKA SOOD  |  FRIDAY, 19 FEB 2021
... they represented over 9% of Netwealth's total FUA. The platform provider yesterday reported strong growth in revenue and NPAT. Its inflows were strong as well and well-diversified, while operational expenses relating to COVID-19 were kept to minimal. ...

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... million a year. The company also released its half year results today. Statutory revenue was down 62.1% to $581 million, NPAT down 155.4% with a reported loss of $120 million and EBITDA down 99% to $4.4 million. Crown did not declare an interim dividend. ...

Iress hires head of corporate development

KANIKA SOOD  |  TUESDAY, 16 FEB 2021
... profit after tax for the three months ending September, compared to $14.6 million in September quarter last year. Year to date NPAT was $40.1 million, down 11% compared to the same period last year. Operating revenue grew 8% during the period to $401.4 ...

Magellan performance fees dip 70%

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
... launch," Morgan Stanley analysts said in a note. "Result looks broadly in line with consensus, though 4% miss to UBSe on NPAT largely reflecting volatile items and lower tax rate," UBS analysts said.

CBA slashes profits, boosts dividends

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... pressures of COVID-19, particularly the effects of loan impairments and higher expenses for the result. About two thirds of the NPAT relates to a one-off gain relating to the sale of CFS Global Asset Management business last year, he said. "If you look ...

Challenger on track to performance target

ANNABELLE DICKSON  |  TUESDAY, 9 FEB 2021
The investment manager recorded a marginal increase in statutory net profit after tax (NPAT) to $222.8 million, up $2.4 million on the previous corresponding period in its half-year results. On a normalised basis, NPAT dropped by 29% to $136.8 million ...

Euroz expecting spike in NPAT

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
The West Australian diversified financials firm said it expects a 193% pcp increase in its unaudited net profit after tax to $25.1 million in the half ending December 2020. Underlying cash profits after tax were $10.9 million and non-cash (most of it ...

Volatility ahead for Magellan shareholders: Morgan Stanley

KANIKA SOOD  |  THURSDAY, 21 JAN 2021
... strategies, recent underperformance, and the six-month plus delay in the retirement strategy. Morgan Stanley revised down its NPAT for Magellan by 7% for FY21 and 5% for FY22. Its price target for MFG shares was cut 14% to $41.20.

Pendal reports $1.6bn in net outflows

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... significant improvement from just $600,000 in the previous corresponding period. They will contribute $21.4 million to underlying NPAT for the year ending September 30.

Bell Financial Group profits up 44%

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
... results precede the results announcement coming in February. Revenue increased 18% to $299 million. Earnings per share and NPAT were up 44% to 14.6 cents per share and $46.7 million respectively, the firm said. Funds under advice grew 9% to $63.9 billion ...