Net operating income for the year 2011 stood at $23m, up 25% compared to $18.5m during the same period a year ago.
For the latest fiscal year, its net income grew $14.3m or $4.86 per share from $12.4m or $4.48 per share last fiscal.
According to the financial result, the firm’s corporate investment return excluding, net operating income after tax increased 24% to $14.4m for the year against $11.6m over-year-over.
As of end 31 December 2011, the company’s assets under management stood at $8.7bn compared to $8.6bn during the last fiscal.
Its operating profit margin increased to 36% for 2011 from 33% for 2010 and the company expects that its operating margin will be volatile from year to year based on various factors including revenues, investment results, employee performance, staffing levels, development of investment strategies, products, or channels and industry comparisons.
