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Genworth Mortgage Insurance Australia Ltd ( (AU:HLI) ) has shared an update.
Helia Group Limited reported a strong performance in 2024, with increased profitability, customer satisfaction, and market share. Despite the potential loss of a major contract with CBA and changes in government schemes, Helia remains focused on navigating these challenges and leveraging opportunities. The company facilitated loans for over 31,000 homebuyers, maintained a robust capital position, and returned $345 million to shareholders through dividends and share buy-backs. Helia’s sustainability efforts include maintaining net-zero carbon emissions and supporting community initiatives.
More about Genworth Mortgage Insurance Australia Ltd
Helia Group Limited operates in the mortgage insurance industry, providing Lenders Mortgage Insurance (LMI) to support the home lending ecosystem in Australia. The company focuses on enabling Australians to achieve homeownership, with a significant market presence and a commitment to sustainability and community support.
Average Trading Volume: 1,711,028
Technical Sentiment Signal: Buy
Current Market Cap: A$1.37B
For a thorough assessment of HLI stock, go to TipRanks’ Stock Analysis page.
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