CEO describes it as 'a solid set of results'
Island-based Manx Financial Group PLC (MFG) says it's posted its strongest half-year pre-tax profits for more than a decade.
The organisation says that's according to its interim results for that period.
For the six months up to 30 June 2022, the financial services group reported profits of £2.3million.
It's 105% ahead of the same period last year.
Meanwhile, the organisation says total assets increased by 12% to £317.7million and deposits went up 10% to £253.6million.
Elsewhere, shareholder equity has been recorded at £27million, a rise of 17%.
MFG includes, among its operating subsidiaries, Manx firms Conister Bank, Edgewater Associates and MFX.
MFG's CEO, Douglas Grant, is describing the latest figures as a 'solid set of results' and that it 'lays the foundations for further growth despite the adverse economic climate.'