Kontiki Finance Limited recorded an increase of eighty-four percent in its profit for the nine months ending on March 31st.
The net profit recorded after tax is $6. 92m whereas the Group’s profit for the same period last year was $3.75m
Group earnings per share for the first nine months is 7.6 cents per share, up from 4.6 cents per share in the same period previous year.
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Net operating income is $17.480m, compared with $11.779m for the same period last year.
Chair Daryl Tarte says the Group’s loan receivables grew well in the nine months.
Tarte says it is pleasing to note that in a tight funding market the Group’s liquidity grew by 33% to $66.7m on the back of strong term deposit inflows.
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