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Vision Investment Limited records profit

November 20, 2018 1:01 am

The Vision Investments Limited recorded a profit before tax of $14.8 million for the financial year ending September 30th.

In a market release on the South Pacific Stock Exchange, the company in the last financial year in 2017 declared $10.5 million.

The Company recorded total sales revenue of $100.7 million compared to $83.6 million in 2017.

Group revenue and profit before tax increased by 20% and 41% respectively over the corresponding period last year.

Group total assets increased by 11% to $159.0 million and shareholders’ funds increased by 18% to $92.7 million over the corresponding period last year.

The Directors declared a first interim dividend of $0.04 cents per ordinary share, amounting to a total dividend payment of $4,150,777.00 for the financial year ending 31st March 2019.