Hansard reported IFRS profit before tax of £3.1m, up from £1.9m in H1 2022 for the six months ended 31 December 2022. Figures refer to the six months ended 31 December 2022 (H1 2023). But fees and commissions earned totalled £22.9m for H1 2023 compared to £25.2m for H1 2022, reflecting lower levels of new business in the current financial year. In the stock market statement on 9 March, Hansard said the current year result had improved as a result of reduced administrative expenses, improved interest rates and favourable foreign exchange movements. The prior year result included n...
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