ISP Finance Services is reporting softer results for the third quarter of 2025.
The company says interest income fell by just over 21 per cent, down from $118 million last year to $93 million in the quarter ended September 30.
Net operating income also declined by 20 per cent to $77.8 million when compared with the same period in 2024.
Operating expenses dipped slightly falling about 2 per cent due to what the company describes as a disciplined cost control and a reduced allowance for credit losses which helped to cushion the impact of lower interest earnings.
ISP Finance ended the quarter with a profit before tax of $10.8 million, down 11 per cent year on year.
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