Kontiki Finance records steady growth
October 16, 2019 4:35 pm
Kontiki Finance Limited has recorded steady growth in their profit.
The company recorded a $9.3 million profit this year when compared to last year.
Kontiki Finance Chairman Daryl Tarte says for the financial year ending June 2019, this is 75% increase.
“Last year 2018 we made a profit of $3.7 million but this year it was increased to $9.3 million. That is a very considerable increase and this is due to a lot of factors but that is primarily the aggressive and efficient manner in which we have operated.”
The profit has enabled the company to return total dividends to shareholders during the year of 5.5 cents per share.
The group also attained a return on shareholders’ equity of 43% for the year.