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08-12-2009
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,525
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ASB profit down as bad debts jump
ASB has reported its after tax profit fell 17.5 per cent to NZ$425 million in the year to June 30 after its net interest margin fell and its bad debts rose 495 per cent to NZ$238 million.Issuing a defence of its profit, ASB said...
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