Bell Financial Group Full-Year Profit After Tax to Rise 26% in 2024

MT Newswires Live

Jan 16, 2025

Bell Financial Group (ASX:BFG) expects to report a profit after tax of AU$30.7 million in 2024, jumping 26% from the AU$24.3 million it reported in 2023, according to a Thursday Australian bourse filing.

It also expects to report full-year revenue of AU$276 million, rising 12% year-over-year, the filing said.

Profit after tax from the retail and wholesale broking business soared 115% year-over-year to AU$9.2 million, with revenues rising 12% to AU$177.8 million.

Profit after tax from the technology and platforms as well as the products and services businesses rose 16% to AU$21.5 million in the period. Normalized revenues from the businesses were up 8% to AU$85.8 million.

The firm's 2024 year report is slated for release in February.

Its shares rose 2% in recent trading on Thursday.

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Normalized revenues from the businesses were up 8% to AU$85.8 million.</p><p>The firm's 2024 year report is slated for release in February.</p><p>Its shares rose 2% in recent trading on Thursday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7054","symbol_name":"投资银行业与经纪业","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2503871009","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503871009","pubTimestamp":1736997863,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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