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AUSTRALIAN INSURANCE BROKER SAYS PROFIT TARGET ON TRACK.
Publication: AsiaPulse News Publication Date: 28-FEB-06 |
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COPYRIGHT 2006 Asia Pulse Pty Ltd
MELBOURNE, Feb 28 Asia Pulse - Insurance broker Austbrokers Holdings Ltd (ASX:AUB) says it can achieve its prospectus annual profit target despite continued softness in the industry.
The company today posted a first half net profit of $A7.24 million ($US5.33 million), which was boosted by a $3.9 million contribution from the sale of non-core businesses.
The...
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