Resimac Group (ASX:RMC) warned that it is "probable" to miss its net profit after tax guidance for fiscal 2025 due to higher collective provisioning in the first half, according to a Tuesday filing with the Australian bourse.
Fiscal half-year normalized net profit after tax, excluding fair value movements on derivatives fell 12% to AU$15 million from $17.1 million in the second half of fiscal 2024. The company attributed the decline to an increase in arrears and recorded net write-offs of AU$6.5 million within the asset finance business, compared with AU$2.9 million for the previous period, the filing said.
Operating profit before impairment expense rose 20% to AU$35.9 million from AU$29.9 million.
Meanwhile, Resimac said it is "confident" that it will achieve operating profit consensus for fiscal 2025.
The non-bank lender's shares tumbled 11% in recent Tuesday trade.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。