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Showing 91 - 100 of 277 results for "NPAT"

Clime profits slide, poised for further M&A

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
Clime Investment Management's statutory net profit after tax (NPAT) slid 47% on the back of integration costs and investors won't receive an interim dividend, as it plans for more M&A activity. Clime's NPAT has slid to $236,000 from $445,000 in its ...

Perpetual profits halve post-Pendal deal

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
Perpetual has reported a slump in its net profit after tax (NPAT), which now sits at $26.8 million for the six months through to December 31, down from $59.3 million the prior year. It explained FY23 NPAT includes significant items relating to the transaction ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... also seeing a drop in its funds under management and administration of $5.5 billion. Reported to the ASX today, Insignia's NPAT was $45.1 million, a significant increase on the prior corresponding period. It was largely the result of offloading Australian ...

Equity Trustees records solid 1H23 result

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... period. Its underlying net profit after tax came in at $13 million, up 2.5% on the prior corresponding period. Its statutory NPAT was $7.6 million, accounting for costs associated with acquiring AET and its technology investment program. Meanwhile, the ...

HUB24 grows FUA to $73bn

ANDREW MCKEAN  |  TUESDAY, 21 FEB 2023
... administration and reporting services (PARS) decreased to $17.2 billion at 31 December 2022. Underlying net profit after tax (NPAT) grew 87% to $26.6 million and underlying EBITDA was $49.9 million, up 68% on 1H22. Statutory NPAT was $15.5 million, an ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
AMP is set to pay a dividend of 2.5c per share after reporting a statutory net profit after tax (NPAT) of $387 million, its first since the Royal Commission came to an end. It marks a significant turnaround for the wealth giant, having last year reported ...

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... million, with the higher earnings driven by strong book growth from the Life business. However, statutory net profit after tax (NPAT) of $123 million was down 56%. Challenger's assets under management (AUM) were $99 billion, up 1% in the half, but down ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA  |  MONDAY, 13 FEB 2023
... capture the ESG segment. The group's underlying net profit after tax dipped 9% to $7 million year on year, while statutory NPAT dropped 17% to $5.5 million. The ASX-listed firm now has 181 staff in total, with four new offices opening in South Australia ...

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. ...