Republic Financial Holdings Limited (RFHL), has announced a profit attributable to equity holders of $1.526 billion for the year ended September 30, 2022.
This represents an increase of $218 million or 16.7% over the 2021 reported profits of $1.308 billion, and $55 million or 3.5% below the 2019 reported profits of $1.581 billion.
In announcing the results, Chairman of RFHL, Vincent Pereira, said, the resulting resurgence of economic activity, especially in the tourism dependent economies, augured well for the Group.
The Board of Directors has declared a final dividend of $3.45 per share, which brings the total dividend to $735.8 million or $4.50 per share for the fiscal year. This represents an increase of 12.5% in total dividend payment over 2021, and in line with the 2019 dividend payment.