July 2006
News Release
26 July 2006
Tasmanian Perpetual Trustees Posts Record Result
Tasmanian Perpetual Trustees Limited (TPTL, ASX:TPX), today announced an unaudited consolidated net profit after tax (NPAT) of $7.52 million for the year ended 30 June 2006. This result is an increase of 9.78% on the previous year. Total revenues increased by 11.31% to $20.41 million after tax earnings per share increased by 3.05 cents to 34.69 cents. All year on year comparisons have been adjusted to reflect the impact of the new financial standard, AIFRS.
The Managing Director of TPTL, Mr Mark Scanlon, said that the result confirmed the ability of TPTL to increase both financial returns to shareholders and service customers in a highly competitive environment.
"The key reason that we have recorded record growth for the third consecutive year is that we have continued to provide both the quality and level of service demanded by our clients," Mr Scanlon said.
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