Perpetual: Interim result 2013

Cost-cutting and a stabilisation of fund flows were behind a strong interim result at Perpetual.

Cost-cutting and a stabilisation of fund flows were behind a strong interim result at Perpetual, with underlying profit after tax rising 2% to $35.1m, despite a 3% fall in revenue. After significant items, net profit rose 19% to $27.3m. A fully franked interim dividend of 50 cents will be paid (ex date 6 March).

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