Credit Corp committed to maintaining focus: Yates

Business

CREDIT Corporation is committed to maintaining its focus and deliver strong results and increased value for its shareholders, according to chairman Syd Yates.
Yates highlighted that the current board had been formally in place since November following Bank of PNG approval.
“Since the end of financial year 2018 the Credit Corporation share price increased 14.8 per cent,” he said.
“The board recently declared a final dividend on ordinary shares in respect of the 2018 financial year of 13 toea per share.
“This brought the total dividend for FY2018 to 19 toea per share, representing a 27 per cent increase on the previous year.”