Wilson Asset Management International has tripled its profit and comprehensive income in a financial year that saw its director Geoff Wilson catapulted into national politics as the de facto leader of the backlash against Labor's franking credits policy.
Documents lodged with the Australian Securities and Investments Commission for the year ending June 30, seen by The Australian Financial Review, indicate WAMI achieved profit before income tax of $13.7 million, up from $3.7 million in FY 2018.
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Aleks Vickovich leads the Financial Review's coverage of wealth management, specialising in the business and regulation of investment markets, financial advice and superannuation. Email Aleks at aleks.vickovich@afr.com
