General Finance, a subsidiary of General Capital, has reported a 6.7% increase in total assets to $155 million for the quarter ended March 31 2024.

The company's unaudited quarterly report also revealed a 35.6% rise in quarterly net profit after tax, reaching $884,000.

General Finance, a licensed non-bank deposit taker, uploaded the report to the Disclose Register, as required by the Financial Markets Conduct Act 2013.

Managing director Brent King described it as "another very positive quarter" and said the company looked forward to releasing its full-year audited results in May 2024.

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