AUB Group announces 91.5% profit boost

AUB Group has announced that its reported net profit after tax for the first half of 2018 has increased by 91.5%. The firm announced that its reported NPAT has hit $23.4m, compared with $12.4m in the first half of 2017, as adjusted NPAT also rose 15.1% to $16.7m, compared with $14.5m in prior corresponding period.

Profits rose thanks to “strong underlying business performance” as well as profits on sale and non-cash accounting adjustments relating to mergers and acquisitions throughout the half.

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