Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 141 - 150 of 6742 results for "Profit"

Family offices stand firm on sustainable investing

KARREN VERGARA  |  WEDNESDAY, 10 SEP 2025
Family offices say they remain committed to sustainable investments despite ongoing political and financial uncertainty, according to a survey by the Sustainable Finance Initiative (SFI). Nearly all the 144 Asia Pacific family offices surveyed feature ...

FEATURE: Hyped up

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... steam ahead is "legacy thinking on the part of senior management". This is based on the "innovator's dilemma" - while profit margins are high, pressure to change the operating model is limited, thus reduces the urgency to create a governance process ...

Platinum client yanks $580m

KARREN VERGARA  |  TUESDAY, 2 SEP 2025
... Management fees fell by 28% to $125.8 million largely as a result of a 29% fall in average FUM. The group's statutory profit before tax was $27.6 million, marking a $45.6 million decrease from the previous year. Platinum is banking on the merger ...

Clime investments chief resigns

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... sincerely thank him for his service and support over the last three years," Clime chair John Abernethy said. Clime reported net profit after tax of $510,676 in the last financial year, following a massive loss of $3.8 million in FY24. Gross revenue of ...

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... the 2025 financial year, according to the latest APRA figures. While revenue only rose 1% year on year to $5.9 billion, profit after income tax jumped by 210% to $116 million. Investment performance of $2.1 billion played a key role in driving profitability ...

TCorp chief executive retires, successor named

ELIZA BAVIN  |  MONDAY, 1 SEP 2025
... TCorp and I'm confident he will make an exceptional chief executive." The announcement came as TCorp reported an annual profit after tax of $165 million, a rise of 18%, resulting in a $140 million dividend for New South Wales for the financial year ...

K2 Asset Management seeks M&A partners

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... had $291 million. Total FUM grew 14% year over year while revenues of $6.2 million increased by 17%. The group made a net profit after tax of $344,687, recovering from FY24's loss of $635,784. The expansion of KAM's investment advisory services ...

ECP joins Future Generation Women lineup

MATTHEW WAI  |  FRIDAY, 29 AUG 2025
... investments in both Australian and global equities. It also advocates gender and economic equality by donating to not-for-profit organisations annually. Joining the lineup, Miller said the initiative resonates well with ECP's values. "Becoming a partner ...

Australian Unity reveals profit turnaround

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
... $505.6 million. Adjusted EBITDA from continuing operations was $136.2 million, an increase of $65.8 million, and statutory profit after tax of $26.6 million, also improved on the prior year by $49.3 million. The group's profit from continuing operations ...

Alternatives, international equities dominate mandates

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
... asset class, and there were a 127 for Australian equities. There were an estimated 55 mandate appointments from not-for-profit super funds and investment managers, 199 model portfolio mandates, four mandates from retail super and three mandates from ...