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Barita Investments reports increase in net profit

Barita Investments is reporting an 84 per cent increase in net profit for its 2018 financial year.
 
During the twelve months to September 30 the company realised $374 million profit up from $203 million the previous year.
 
This resulted from net operating revenue of $1.3 billion versus $1.1 billion in 2017.
 
Barita recorded significant gains in most of its key revenue drivers namely fee and commission income, foreign exchange gains and dividend income.


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