Wednesday, 28 September 2022 13:15

Increased profit for Pulse Investments

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Pulse Investments registered higher profit during its financial year ended June.
The fashion, entertainment and real estate company made $1.79 billion net profit, a $317.6 million increase over last year.
 
Pulse's total income increased to $1.85 billion, up from $1.53 billion during the corresponding period in 2021.
 
The company said its results were driven by enhanced gains on property investments and an expansion in its construction and real estate portfolio.
 
On the other hand, it said the cancellation of  a number of  live events during the period under review constrained some earning opportunities.