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nib announces FY13 Half Year Results
nib announces FY13 Half Year Results
Highlights:
• Premium revenue up 10.5% to $612.8
million
• Pre-tax underwriting result of $39.1 million
versus $42.7 million in 1H12
• nib New Zealand
inaugural contribution of $2.0 million (one month net
underwriting profit)
• Investment income of $18.2
million or 7.6% (annualised)
• Consolidated net profit
after tax of $36.3 million versus $38.3 million in
1H12
• Earnings per share per share of 8.3 cents (1H12:
8.2 cents)
• Return on equity of 21.7% versus 18.0% in
1H12
• Interim ordinary dividend of 5 cps fully franked
(1H12: 4.25cps)
• Forecast FY13 pre-tax net
underwriting profit of $75 million to $78 million
(previously $70 million to $75 million)
Please find below
links to nib's FY13 Half Year Results ASX Announcement and
Investor Presentation.
• ASX
Announcement
• Investor
Presentation
Business Canterbury: Urges Council To Cut Costs, Not Ambition For City
Wellington Airport: On Track For Net Zero Emissions By 2028
Landcare Research: ANZAC Gall Fly Release Promises Natural Solution To Weed Threat
NZ Anti-Vivisection Society: Auckland Rat Lovers Unite!
University of Canterbury: $1.35 Million Grant To Study Lion-like Jumping Spiders
Federated Farmers: Government Ends War On Farming
