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Showing 671 - 680 of 6744 results for "Profit"

Praemium sees record earnings jump

CHLOE WALKER  |  MONDAY, 27 FEB 2023
... executive Anthony Wamsteker saying it's reflective of strategic decisions paying off. Praemium reported a statutory net profit after tax of $9.1 million and a record EBITDA of $11.4 million - up 52% for the period. The company's revenues increased ...

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 ...

Centrepoint Alliance scoping for scale

JAMIE WILLIAMSON  |  FRIDAY, 24 FEB 2023
Centrepoint Alliance said it is actively hunting acquisition opportunities, as it reported a significant increase in profit for the first half. Reporting to the ASX, Centrepoint Alliance recorded a $2.8 million increase in profit before tax, largely ...

TelstraSuper names financial advice lead

CHLOE WALKER  |  FRIDAY, 24 FEB 2023
... people with the right values, skills and experience will be vital." Huggins said she was looking forward to joining the profit-to-member super sector. "TelstraSuper Financial Planning has a strong reputation and offering," Huggins said. "I'm looking ...

ClearView offloads managed investments unit

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... the business saw premiums from its advised product range increase by 11% year on year to $290.9 million. Underlying net profit after tax jumped 46% to $19.4 million. The last six months saw gross life insurance premium income increase by 8% and new business ...

Bridges can meet advice affordability gap: Mota

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... the self-employed channels breakeven, we expect the advice division as a whole to be tracking at [about] the $10 million profit," he said. Rainmaker analysis shows that Insignia led the pack in terms of adviser numbers, followed by AMP. "How do we remain ...

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 ...

Yarra Capital awards admin, custody mandate

CHLOE WALKER  |  THURSDAY, 23 FEB 2023
Apex Group has been appointed by Yarra Capital Management to support its new $100 million private capital fund. The Yarra Private Capital Discovery Fund, launched in October last year, is a diversified portfolio of holdings in high growth potential ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
Insignia Financial recorded a 67% increase in net profit after tax for the first half, while 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 ...

Equity Trustees records solid 1H23 result

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... contribution from AET. EQT said this more than offset the impact of negative investment markets in the 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 ...