Distribution Finance Capital Holdings Plc (GB:DFCH) has released an update.
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Distribution Finance Capital Holdings plc (DF Capital) has reported a robust first half of 2024, with new loan origination soaring to £709m, marking a 17% year-on-year increase. The company’s solid performance, including a strong loan book and successful asset recoveries, positions them to surpass full-year market expectations, with a projected pre-tax profit of at least £9.0m for the six months ending in June. DF Capital is also developing a hire purchase lending capability, targeting a launch in 2025 pending regulatory approval.
For further insights into GB:DFCH stock, check out TipRanks’ Stock Analysis page.
