Credit Corp Group Limited (Credit Corp) reports the following highlights for the 2017 financial year:
- 20% growth in Net Profit After Tax (NPAT) to $55.2 million
- Record 9 year compound annual earnings growth of 28%
- Doubling of NPAT from the fast-growing lending division to $12.3 million
- US division turnaround into a profitable driver of earnings growth
These results are a function of strong core debt purchasing business operations and impressive contributions from the company’s organic expansion into consumer lending and US debt purchasing.
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