Highlights
- Record half year statutory profit result of $474,073
- EBITDA of $947,337
- Significant uplift in revenue and net cashflow
- Stronger balance sheet
- Well positioned to support growth initiatives
Sequoia Financial Group Limited (ASX: SEQ) (“SEQ”, “Sequoia” or “the Company”) is pleased to report its financial performance for the half year ended 31 December 2016.
A record statutory profit of $474,073 (HY16: $3,326) was achieved. EBITDA was a pleasing $947,337 (HY16: $207,020) and underlying NPAT showed significant improvement.
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