General Capital subsidiary General Finance update

General Capital Limited advises that its subsidiary General Finance Limited, a licensed Non-bank Deposit Taker, has uploaded its quarterly unaudited report for the quarter ended 30 September 2024 to the Disclose Register.

General Finance Limited has continued its growth trajectory, with total assets reaching $180 million, an increase of 11% since 30 June 2024. The company also reported a quarterly net profit after tax (NPAT) of $764,000.

As at 30 September 2024 General Finance held $38.1 million in cash, cash equivalent and bank deposits. Since that time General Finance has entered into an agreement to purchase Bridges Financial Services Limited.

Mr. Brent King, Managing Director, commented on the results, explaining that, as a licensed Non-bank Deposit Taker, General Finance is required to issue this report under the Financial Markets Conduct Act 2013.

“This performance underscores the robust and stable nature of General Finance. We are well-positioned to build on this momentum and continue our growth journey,” said Mr. King.

The information can be found at www.disclose-register.companiesoffice.govt.nz.

ENDS

• General Capital subsidiary General Finance update

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025
RYM - First quarter trading update
July 11th Morning Report
IKE Announces equity raising of A$20 million
Chorus full year results date
FPH 2025 Notice of Annual Meeting and Voting Form
July 10th Morning Report