GFNZ, formerly known as Geneva Finance, has returned to profitability.
The group reported an after-tax profit of $2.2 million for the year to March 31.\
Its before tax profit was $1.5 million
It follows a loss of $4.2 million in the previous year.
Key drivers were increased lending volumes, up 61%, and a focus on assert quality. Lending delivered 43% growth.
The group said the focus now that profitability had been achieved was on growth in core lending, insurance and debt collection...MORE»
Monday, May 4th, 3:10PM
The Warehouse Group today announced it is considering making an offer of new five year unsecured, unsubordinated, fixed rate bonds to refinance its $100 million senior bond maturing on June 15 for general corporate purposes.MORE»
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