AFH Financial boosts profit by 83%, hikes dividend
Source - SMW
Financial advice company AFH Financial Group booked a rise in annual profit after it boosted its funds under management.
The company said pre-tax profit rose 83% to £3.1m, as revenue increased by 39% to £33.6m.
It declared a final dividend of 4p per share, up from 3p a year earlier.
'Given the progress made in 2017 and the early months of the 2018 financial year, the directors view the coming period as providing excellent prospects and look forward to continuing our success in the future,' chairman John Wheatley said.
At 2:10pm: (LON:AFHP) AFH Financial Group Plc share price was +44p at 350p