Share registry operator Computershare Ltd
(ASX:CPU) has posted a 9 per cent fall net profit for fiscal 2009.
Net profit for the year to June 30 came to US$255.7 million, with revenue down 4.5 per cent to US$1.5 billion.
The company reported its sixth consecutive year of management earnings per share growth, up 1 per cent to 52.11 cents, management earnings for the 2010 financial year are expected to be similar.
CEO Stuart Crosby says if market conditions remain as they are at present the company anticipates a similar result this year.
Computershare declared a final dividend of 11 cents a share.
Computershare’s profits have been increasing year on year for the past four years.
