Count confirms profit guidance

australian-securities-exchange/ASX/mortgage-choice/cent/

16 July 2010
| By Mike Taylor |
image
image
expand image

Accountancy-based dealer group Count Financial has confirmed its profit guidance for the 2009-10 financial year.

The company announced to the Australian Securities Exchange (ASX) that it would achieve operating profit growth of around 10 per cent for the period.

However, it said that due to a requirement to mark to market the company’s investment portfolio, which now includes Mortgage Choice and competitor dealer group DKN, earnings per share growth was now expected to be around 18 per cent to 20 per cent.

The company will release its finalised annual results to the ASX on 17 August.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 1 day ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 1 day ago

TOP PERFORMING FUNDS