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HBOS profit dips but BankWest expansion to continue

By Staff Reporter• Friday, 1 Aug 2008•2 min read

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HBOS Australia today announced a $325 million profit before tax for the six months to 30 June 2008.

The result was a decline of six per cent for the same period in 2007, which reflected the sharp increase in impairment losses and a 40 per cent rise in expenses from its BankWest east coast expansion, HBOS said.

Published: 01-08-08

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