Manx Financial Group reports 41% profit increase to £9.9 million

Published 25/06/2025, 10:04
Manx Financial Group reports 41% profit increase to £9.9 million

LONDON - Manx Financial Group PLC (LSE:MFX) reported a 41% increase in profit before tax to £9.9 million for the year ended December 31, 2024, up £2.9 million from the previous year.

The financial services group, which includes Conister Bank Limited, Conister Finance & Leasing Ltd, Payment Assist Limited, Blue Star Business Solutions Limited, Edgewater Associates Limited and MFX Limited, described the results as a record performance in a statement released Wednesday.

Executive Chair Jim Mellon stated in the press release that he was "pleased to report another record set of results for the Group."

The company announced that its 2024 Audited Annual Report and Accounts will be posted to shareholders and made available on the company’s website soon. Details regarding the 2025 Annual General Meeting will be announced at a later date.

Group Chief Executive Officer Douglas Grant and Group Finance Director James Smeed will host a live presentation for retail investors regarding the full-year 2024 results via Investor Meet Company on June 27, 2025, at 11:30 a.m. UK time.

The presentation will be open to existing and potential shareholders, with questions accepted before and during the event.

This article is based on information contained in a press release statement from Manx Financial Group PLC.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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