JCG Holdings' profit rises 43pc on healthy turnover

Financial company JCG Holdings has reported a 43.5 per cent increase in net profit to $391.82 million for the year ended December 31.

Turnover was $1.36 billion, and earnings per share rose to 54.8 cents against 47.1 cents a year ago.

The company has recommended a final dividend of 18 cents, giving an overall payout of 25 cents for the year.

Last year's full-year dividend was 21 cents.

JCG's 75 per cent owned subsidiary, Winton Holdings, recorded a $73.81 million profit attributable to shareholders for the nine months to December.

Earnings per share of the taxi business, financier and restaurant operator were 17.6 cents.