nib profit up 11%, dividend up 5.3%

Company News

by Rachael Jones

Health insurer nib Holdings (ASX:NHF) saw a 11.1 per cent rise in net profit after tax to $133.5 million

Their group underlying revenue also rose to $2,2 billion - that’s up 11.5 per cent.

They report their results were boosted by higher revenue and the acquisition of corporate health insurance provider GU Health during the year.

Their full-year dividend is 20 cents per shares that’s up 5.3 per cent.

Shares in nib Holdings (ASX:NHF) is up 0.99 per cent to $6.66.
 

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?