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Access Financial sees reduction in profit for June quarter

Micro-finance company Access Financial Services raked in less profit in its first quarter ended June.
 
Profit for the three-months was $78 million, down from $89 million last year.
 
However, revenue improved by $59 million to $523 million. 
 
The company says its performance reflects a 13 per cent increase in operating revenues, which is in line with its growing loan portfolio.
 


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