TAL talius group limited
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News: Tower sees 88% surge in annual profit

  1. FNN News
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    25/11/10
    10:10
    Post #: 7523296
    .

    Tower Australia Group Ltd (ASX:TAL) says a growth in premium revenue saw a 88 per cent surge in the company's annual net profit.

    For the 12 months to September 30, Tower reported a net profit of $87.4 million.

    Revenue for the year was also up 15 per cent to $791 million compared to the previous year.

    Shareholders will receive a fully franked, final dividend of 5.75 cents payable on December 20 if they are registered with Tower by December 3.
    TAL Price at posting: $2.61 Sentiment: None Disclosure: Held
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