IOOF Holdings
(ASX:IFL) has announced its underlying net profit after tax of $169.4 million for the financial year ending 30 June 2017, that’s a drop of 1 per cent compared to the prior corresponding period.
The financial services firm’s net inflows rose 156 per cent to $4.6 billion for FY17, bolstered by 33 new advisers joining the group in the financial year.
IOOF’s revenue from shareholder activities however remained unchanged in the year, at $907.5 million.
The company declared a final dividend for the year ending 30 June 2017 of 27 cents per share, which will be paid on 1 September 2017.
Shares in IOOF Holdings
(ASX:IFL) are trading 5.85 per cent higher to $10.68.
