General Capital Subsidiary General Finance Market Update

General Capital (GEN:NZ) 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 31 March 2024 to the Disclose Register.

The unaudited quarterly report shows that General Finance’s business has continued to grow with total assets of $155m, up by 6.7% from 31 December 2023 and a quarterly NPAT of $884k up 35.6% from 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.

“It has been another very positive quarter for General Finance and we look forward to releasing our full year audited results at the end of May 2024.” said Mr King.

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

ENDS

•  General Capital (GEN:NZ) subsidiary General Finance update
•  General Finance Quarterly Report 31 March 2024

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:

May 6th Morning Report
Spark New Zealand appoints new director to the Spark Board
AFT to announce full year results on May 23 2024
CRP - Korella North Takes Another Two Steps Forward
May 3rd Morning Report
ASB workers to strike as bank proposes an effective pay cut
Rising tides, sinking stocks: study explores cost of climate change
May 2nd Morning Report
AGL - Change in Senior Management
Devon Funds Morning Note - 01 May 2024