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IOOF Holdings Limited (ASX:IFL) net profit has slipped 28 per cent to $33.2 million in the six months to the end of December.
Managing Director Christopher Kelaher says IOOF delivered a solid underlying performance amidst a challenging financial and regulatory environment.
The financial services company delivered an underlying net profit of $50.9 million.
IOOF says should there be no further acquisitions or major global market fluctuations, it should as least mirror its interim result in the second half.
The company has declared a fully franked interim dividend of 19.5 cents per share.
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