Fiducian’s half-year revenues down
Continuing tough market conditions have hit Fiducian Portfolio Services, which has reported a 20 per cent decline in half-yearly revenues for 2008.
The company announced that its half-yearly revenue had declined to just under $12 million.
Its profit after tax attributable to members has shrunk to just over $2 million, a drop of 35 per cent from the previous corresponding half-year period in 2007. The company declared an interim dividend to shareholders of 3.75 cents a share.
The company’s half-year financial statements will be released on February 25.
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