Kina Securities Ltd. (AU:KSL) has released an update.
Kina Securities Ltd. reports robust organic growth with gross revenue increasing by 17% and underlying net profit after tax (NPAT) rising by 7%, despite a statutory NPAT decline of 9% due to a significant fraud loss provision. The company also saw a boost in deposits and lending, and substantial growth in digital and foreign exchange revenues. Shareholders experienced a solid return on equity and consistent earnings, alongside a dividend payout.
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