re: paddy SFE Corp net up 45pc to $38.8; final div 11.6c (10.5c)...

re: paddy SFE Corp net up 45pc to $38.8; final div 11.6c (10.5c)
18:40, Wednesday, 3 March 2004

Sydney - Wednesday - March 3: (RWE) - SFE Corporation, owner of
the Sydney Futures Exchange, reports net profit rose 45 per cent to $38.8
million for the year ended December 31, compared with a net profit of
$26.8 million in the previous year.
Revenue was up 13 per cent to $166 million.
The profit growth was driven by the combination of record trading
volumes, further reductions in cash operating expenses and higher net
interest income.
Final dividend was up from 10.5c to 11.6c, fully franked, payable
on April 2 to shareholders registered March 18.
This brings total payout for the year to 22.1c, up 6.7c on the
previous year.
Managing director Mr Robert Elstone said 2004 had started "very
encouragingly, with volumes up 22 per cent in the first two months of the
year in comparison to the same two-month period last year".
Shares in SFE Corporation rose 2c to $5.58 today ahead of the
announcement.
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everyones Milking the cash cow, no ones feeding it
Im dumbstruck..
those were mums and dads parcels to..

Oh what a day, you should see my watchlist..poop