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Growth

Wide Bay profit soars

3 minute read
The Adviser

Wide Bay Australia yesterday delivered a record profit of $18.16 million after tax for the 2008 financial year.

This was an increase of 13.11 per cent from the previous year and follows Wide Bay’s acquisition of Mackay Permanent in January this year.

Ron Hancock, Wide Bay managing director, said the board and management were “very pleased with the result, especially given the tighter economic conditions”.

Published: 26-08-08 


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