Heartland Group Holdings Limited (Heartland) (NZX/ASX: HGH) has announced a record net profit after tax (NPAT) of $95.1 million for the financial year ended 30 June 2022 (FY2022), and is raising $200 million in equity to retire bridge debt and fund growth ambitions for existing business.
NPAT was up 9.3% ($8.1 million) compared to the previous financial year, and Heartland is also looking to accept oversubscriptions at its discretion.
The acquisition of StockCo Holdings 2 Pty Ltd and StockCo Australia Management Pty Limited (StockCo Australia) was completed on 31 May 2022.
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