General Capital Subsidiary General Finance Market Update

Thursday 25th July 2024

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 June 2024 to the Disclose Register.

General Finance’s business has continued to grow with total assets of $162m, up by 4.5% from 31 March 2024 and a quarterly NPAT of $883k consistent with the previous quarter.

Mr. Brent King, Managing Director, explained that this report is required as General Finance Limited holds a Non-bank Deposit Taker licence and the reporting is a requirement of the Financial Markets Conduct Act 2013.

“The result reinforces the strength and consistency of General Finance. We are seeking to build further on this strong base.” said Mr King.

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

ENDS

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