Macquarie Group posts 58% jump in H1 profit

Company News


Macquarie Group Limited (ASX:MQG) says that improved business and foreign exchange conditions are responsible for a 58 per cent jump in first half net profit.
 
First half net profit came in at $1.07 billion on operating income of $5.3 billion. 
 
International income was 71 per of total first half profit. Assets under management are up 4 per cent to $504 billion.
 
Macquarie Group declared an interim dividend of $1.60 per share 40 per cent franked, up from $1.30 per share for the interim dividend last year. 

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