Accordant Group Limited announces a $3.0 million after-tax profit for the year to 31 March 2022, down from $6.3 million in the Covid-affected 2021 financial year.

Group revenue was $221.5 million, up 7.8% from the previous year, with significant growth realised in retained and permanent revenue.

The board is optimistic about the potential upside from the reopening of New Zealand’s borders, with net bank debt at 31 March at $13.0 million, and the group paying a fully imputed final dividend of 5.6 cents per share on 30 June 2022.

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