Macquarie Group Limited
(ASX:MQG) has delivered a significant lift in first half earnings and expects an improved full-year result.
In the six months to September 30, Macquarie posted a net profit of $501 million, a 39 per cent increase on the previous corresponding period.
In the same period, operating income was $3.68 billion, a 20 per cent increase on the $3.05 billion in the previous corresponding period.
Operating expenses increased to $2.9 billion, a 13 per cent lift on the previous corresponding half.
Macquarie will pay a partially franked interim dividend $1.
