Challenger Limited
(ASX:CGF) has turned in a 17 per cent lift in first half net profit to $149 million.
Statutory profit for the six months leapt to $222 million, up from just $20 million.
The financial services group attributed the strong result to bad debt recovery, and successful investment.
Share holders will receive an interim dividend of 9.5 cents per share, up two cents on previous year.
