Personal finance

International Personal Finance Swings To Profit In FY21

International Personal Finance (IPF.L), a home credit and digital business, on Wednesday posted a turnaround to profit for the fiscal 2021, reflecting decline in costs, impairment.

For the fiscal 2021, the Leeds-headquartered credit firm reported pre-tax profit of 67.7 million pounds compared with a loss of 40.7 million pounds last year. Profit after tax was recorded at 41.9 million pounds compared with a loss of 64.2 million pounds a year ago.

IPF reported its earnings per share at 17.8 pence as against loss per share of 27.4 pence, reported a year ago.

The company recorded its total costs and impairment for the 12-month period at 424.8 million pounds and 56.2 million pounds, respectively, compared with 451.9 million pounds and 250.1 million pounds, on year-on-year basis.

The company will pay final dividend of 5.8 pence per share on May 6, bringing the full-year dividend to 8 pence, to shareholders of record on April 8.

For the previous fiscal, the company generated revenue of 548.7 million pounds, compared with 661.3 million pounds, recorded for 2020.

For comments and feedback contact:

Business News


Donovan Larsen

Donovan is a columnist and associate editor at the Dark News. He has written on everything from the politics to diversity issues in the workplace.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button