Perpetual suffers profit slide
Perpetual has reported a 29 per cent decline in net profit for the year attributable to members to $128,813,000.
The company announced to the Australian Securities Exchange that while revenue from ordinary activities and excluding revenue from structured investments had increased by 6 per cent, profit after tax and before gains realised on the sale of investments and exact market cash fund losses were down 8 per cent.
AUTHOR
Mike Taylor
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