Bell Financial Group expects 1H19 profit up 50%

Company News

by Rachael Jones

Diversified financial services business, Bell Financial Group (ASX:BFG) today advised that it expects its first half 2019 net profit before tax attributable to shareholders to be approximately $22.5 million.

That's an increase of 59 per cent on the previous corresponding period.

The result was achieved on Group revenue of approximately $120 million, a 21 per cent improvement on 1H2018 revenue.

Earnings per share of approximately 5 cents are expected for 1H2019, up 35 per cent on the same period in 2018.

Shares in Bell Financial Group (ASX:BFG) closed 1.11 per cent higher yesterday at $0.91.
 

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