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Kontiki Finance Limited announces net profit

September 17, 2018 10:55 pm

Kontiki Finance Limited has announced a consolidated Group Net Profit of $5.365 million for the year ending June 30th.

The profit has increased by 72 percent.

The Group had recorded a profit of $3.120m in the last financial year.

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Total Group Revenue increased by 70% from $11m to $18.7m, on the back of strong growth in Total Group Assets, which increased by 74% from $93.6m to $162.8m.

Chair, Daryl Tarte says the company continued its book build strategy through the year, which resulted in much higher profitability.

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