STM Group profits flat as company looks to new QROPS acquisitions

clock
STM Group profits flat as company looks to new QROPS acquisitions

STM, the multi-jurisdictional financial services group based in Malta, announced profits and revenue on a par with 2017 as its full-year results were published this morning. The company reported revenue for 2018 of £21.4m, slightly down on £21.5m in 2017. Profit before tax for the period was £4m, the same figure as for 2017, although profit margins increased by 2% to 18%. The company described its figures as "healthy" coming in a period of "operational progress." Commenting on the res...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login

Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.