UDC lifts annual net profit 11%; cost cutting a feature
UDC's 11% growth in annual net profit reflected increased lending but cost cutting was also a major feature - with special audio feature.
Hot Topic
Hawke’s Bay
Click the NBR Radio box for on-demand special feature audio: UDC Finance chief executive Wayne Percival talks about the company's profit
UDC Finance lifted net profit 11% to just over $57.1 million in the year ended September, with much of that growth reflecting a lower cost ratio as well as
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Thu, 26 Nov 2015
Thu, 26 Nov 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
UDC lifts annual net profit 11%; cost cutting a feature
53808