Tuesday 29th April 2025 |
Text too small? |
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 31 March 2025 to the Disclose Register.
General Finance Limited has continued its growth trajectory, with total assets reaching $211.9m, an increase of 8% on the 31 December 2024 quarter. The company also reported a quarterly net profit after tax (NPAT) of $597,571.
As at 31 March 2025 General Finance held $57.8 million in cash, cash equivalent and bank deposits. The capital ratio, being the total capital divided by total exposures, was up from 17.68% to 17.82% on the previous quarter.
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
No comments yet
MPG - Recapitalisation Closes Oversubscribed, Raises $23.9m
IPL - Indicative Issue Margin Range for Notes Offer
TWG partners with Tata Consultancy Services
Spark announces leadership team changes
September 15h Morning Report
Tower updates FY25 guidance
September 12h Morning Report
Scott Unveils Strategy and Delivers FY25 Trading Update
September 11h Morning Report
Devon Funds Morning Note - 10 September 2025