IFL insignia financial ltd

News: IFL Australia's IOOF H1 profit jumps three-fold on one-off gains

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    Feb 19 (Reuters) - IOOF Holdings Ltd (IFL) posted a three-fold rise in its half-yearly profit on Tuesday, as Australia's second-largest wealth manager benefited from a gain on the sale of the company’s corporate trust business.

    Profit came in at A$135.4 million ($96.57 million) for the half year ended Dec 31, compared with A$45.2 million over the same period a year ago.

    ($1 = 1.4021 Australian dollars)

 
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