LISTED mortgage broker Australian Finance Group Limited has upgraded its prospectus net profit after tax forecast due to strong trading conditions.
AFG has upgraded the company’s expected FY16 net profit after tax to a range of $22 million to $22.5 million – representing an upgrade from the FY16 prospectus forecast of between 11.8% to 14.36%.
AFG said in a statement that the company has recorded strong trading, particularly from the home loans division.
Australian Property Journal
