Companies

Brief: HFA Holdings

HFA Holdings earned a net profit of $993,000 in the half year to December 31 compared with a loss of $570 million.

Feb 23, 2010 – 2.56pm

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HFA Holdings earned a net profit of $993,000 in the half year to December 31 compared with a loss of $570 million (mainly due to non-cash impairments on the carrying value of the company’s Lighthouse Partners business which was acquired in early 2008).

The company expects to report an EBTIDA for FY10 of between $19 million and $23.5 million. There is no interim dividend.