Cim Group reports a 22% increase in Net Operating Income from continuing operations for the six months ended 31 March 2019.
The Group’s Net Operating Income from continuing operations increased by 22% to reach MUR 859.1m for the six months ended 31 March 2019.
Overall the Group posted a solid half yearly Profit After Tax of MUR191.3m, an increase of 34% compared to last year.
The Finance cluster, which now represents 92% of the total net operating income of the Group, posted a figure of MUR 824.3m for the period. This encouraging performance was on the back of increased sales volume particularly in its Consumer Finance business. The Group’s greenfield Fintech hire purchase business in Kenya continues to show encouraging progress in sales.