Homeloans announces $9 million profit

Friday, 23 July, 2010 - 08:28

Perth-based property finance group Homeloans has announced a $9 million profit for the year ending June 30.

The company's announcement is below:

The Directors of Homeloans Limited are pleased to announce that the company expects to report a profit after tax of approximately $ 9 million for the financial year ending 30 June 2010.

The company will also (subject to shareholder approval) make a return of capital of 35 cents per fully paid ordinary share.

The return of capital will not be taken into consideration in determination of the final dividend for the financial year.

The shareholders' meeting is scheduled to be held in September 2010 and a Notice of Meeting and accompanying documents will be made available to shareholders shortly.

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