17 August 2015 - SYDNEY: Hunter Hall International Limited (HHL) today announced its results for the year ended 30 June 2015.
HHL’s statutory profit after tax was up 88% to $6.969m for the year to 30 June 2015. Net profit after tax excluding unrealised gains on investments was up 15% to $4.188m.
The increase in profits arose from a number of factors including strong investment performance, a significant reduction in net outflows, healthy investment income, lower operating expenses and the booking of performance fees.
Funds under management increased 16.5% from $960m at 30 June 2014 to $1,118m at 30 June 2015.
The Board has declared a final fully franked dividend of 9.5 cents per share. In conjunction with the interim fully franked dividend of 6.0 cents per share, the total dividend for the year is 15.5 cents per share, fully franked.
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