Count confirms profit guidance

australian-securities-exchange/ASX/mortgage-choice/cent/

16 July 2010
| By Mike Taylor |
image
image image
expand image

Accountancy-based dealer group Count Financial has confirmed its profit guidance for the 2009-10 financial year.

The company announced to the Australian Securities Exchange (ASX) that it would achieve operating profit growth of around 10 per cent for the period.

However, it said that due to a requirement to mark to market the company’s investment portfolio, which now includes Mortgage Choice and competitor dealer group DKN, earnings per share growth was now expected to be around 18 per cent to 20 per cent.

The company will release its finalised annual results to the ASX on 17 August.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 1 week ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 1 week ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

5 days 16 hours ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

2 weeks ago

AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...

4 weeks 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo