General Capital (GEN:NZ) – General Capital advises net profit after tax expected to be at the top end of the guidance
General Capital (GEN) the NZX listed financial Services Group, has advised that the Audit process is progressing satisfactorily and that it expects to be in a position to make its Results Announcement for the 12 Months to 31st March 2022 months between the 27th and 30th of May.
Managing Director Brent King said “It is a hectic last 3 months particularly with the pressure on staff availability. We expect to be in the position to release our results on or just before the 30th of May”.
We further advise, that based on our work completed to date, the Net Profit after Tax will be at the top end of the guidance given in our update released on 28 /1/ 2022.The guidance was NPAT $900,000 to $1,100,000. We now expect the NPAT to be at or slightly above the top figure ($1,100,000).
This update is to ensure that the market is fully informed.
For further information
Please contact
Brent King
Managing Director
General Capital
+64-21-632-660
[email protected]
13 May 2022
The S&P/NZX 50 Index is down 1.5% since the beginning of the year.
Pacific Edge is on a trading halt until Monday.
The downgrade comes ahead of Jan 26, when Briscoe's financial year ends.
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