NHF 0.14% $7.35 nib holdings limited

News: NHF NIB Holdings posts annual net profit after tax of $120.2 mln

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    Aug 21 (Reuters) - NIB Holdings Ltd (NHF)

    • Fy total group underlying revenue of $2.0 billion (+7.0%)
    • Fy net profit after tax of $120.2 million (+30.9%)
    • Full year dividend of 19.0 cents per share fully franked
    • "in fy18 we don't anticipate earnings accretion like we've become accustomed"
    • Most likely our profitability within arhi for fy18 will return to being within our target net margin range of 5% to 6%
    • NIB is forecasting fy18 uop will be at least $150 million (statutory operating profit of at least $141 million)
 
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