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Charter Hall net profit spikes on fees and valuations

People & Companies / Latest News

Australia

Feb 23 2017

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Nicole Lindsay, The Sydney Morning Herald

Funds manager Charter Hall Group has posted a bumper 20 per cent increase in net profit to $173.3 million for the first half of the year on the back of increased valuations and management fees.

Managing director David Harrison revealed the result meant the group has also paid its first tax bill, $10.6 million in the six months to December 2016.

Go to The Sydney Morning Herald to read the full story.

SOURCE: The Sydney Morning Herald

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