NewsBite

Bell Financial sees better second-half after profit dives

Bell Financial Group is tipping improved earnings in the second half of 2014, after the stockbroking and advisory company posted a 77 per cent drop in first-half profit due to flat equity trading volumes.

Joyce Moullakis
Joyce MoullakisSenior Reporter
Updated

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Bell Financial Group ’s executive chairman Colin Bell , is optimistic that deal activity will remain strong in the next four months, but concedes that equity trading volumes are difficult to predict, after flat activity saw the company post a sharp drop in interim profit.

Bell’s net profit tumbled to $759,000 in the six months ended June 30, down from $3.3 million in the same period in 2013, accounts lodged with the ASX showed on Friday.

Loading...
Joyce Moullakis wrote on banking and finance, specialising in Investment Banking, Private Equity, Financial Services. Connect with Joyce on Twitter. Email Joyce at jmoullakis@afr.com.au

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Energy

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/energy/bell-financial-sees-better-second-half-after-profit-dives-20140822-jkqm2