Geneva Finance lifts 1H profit, buys debt collection operation

Tue, 14 Nov 2017

By Sophie Boot Nov. 14 (BusinessDesk) - NZAX-listed Geneva Finance lifted first-half profit 34 percent and declared its first interim dividend. The Auckland-based company, which provides finance and financial services to the consumer and small-to-medium business markets, said net profit rose to $3.2 million in the six months ended Sept. 30, with revenue from ordinary activities up 18 percent. The company also said it will distribute a 1 cent per share dividend, payable on Dec. 15. "The strong profit performance reflects a lift in prof...

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