Win Win net rises to $49m

WIN Win International Holdings saw net profit almost double in the year ending March 31, rising 89 per cent to $49.77 million.

Included in the profit was $3.6 million of exceptional income from subscription monies.

Earnings per share rose 80.34 per cent to 21.1 cents. The final dividend payment is expected to be 1.49 cents per share along with a special cash bonus of 0.81 cents per share.

If approved, payment might be made by September 23 with the register of members closing on September 15.

Turnover was up 38 per cent to $365 million.