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Showing 761 - 770 of 6744 results for "Profit"

Platinum remains positive despite net profit loss

CHLOE WALKER  |  FRIDAY, 26 AUG 2022
... management for the year to June 30 and will soon farewell Kerr Neilson, the firm's outlook is positive. Platinum saw a 38% net profit after tax loss, down to $101 million. The profit slide was largely attributed to unrealised losses on seed investments. ...

Australian Ethical sees profits drop, record super flows

JAMIE WILLIAMSON  |  FRIDAY, 26 AUG 2022
... implement its high growth strategy. Releasing its full-year results today, Australian Ethical recorded a 15% drop in net profit after tax to $9.6 million and a 7% decline in underlying profit after tax, coming in at $10.3 million. Expenses grew by 28% ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... for the long term but have contributed to higher investment fees for some of our investment options. AustralianSuper is a profit for member organisation." As previously reported by Financial Standard, AustralianSuper reported an annual return of -2.73% ...

Insignia Financial profits jump 59% to $234.5m

CASSANDRA BALDINI  |  THURSDAY, 25 AUG 2022
Insignia Financial announced its underlying net profit after tax (UNPAT) has increased 59% to $234.5 million in FY22 from $147.8 million last year. The results were driven by the completion of the MLC acquisition in May as well as strong business growth ...

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 ...

NGS Super chief executive retires

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
... was finalised. Also commenting, the Australian Institute of Superannuation Trustees thanked Wright for her work in the profit-to-member sector and her commitment to achieving the best retirement outcomes for members, calling her a "passionate and inspirational ...

Equity Trustees confirms AET acquisition

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
... intends to retain the client management and trustee role for small APRA funds," it concluded. EQT further announced its net profit after tax is up 12.5% on the prior year to $24 million. For June 30 year end, it said funds under management, administration ...

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 ...

Norwegian wealth fund records $250bn loss

JAMIE WILLIAMSON  |  THURSDAY, 18 AUG 2022
... prices, and the conflict in Ukraine. The result is in stark contrast to last year, which saw the fund return its largest profit to date at 14.5%. The fund is valued at about $1.87 trillion.

Magellan reports NPAT, FUM slide

CASSANDRA BALDINI  |  WEDNESDAY, 17 AUG 2022
Magellan has reported a drop in its 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 ...