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Helia Group Boasts Strong 2023 Financials
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Helia Group Boasts Strong 2023 Financials

Genworth Mortgage Insurance Australia Ltd (AU:HLI) has released an update.

Helia Group Limited reported a strong financial performance in 2023, with a net profit after tax increase of 37% to $275 million and a return on equity of 21%, despite a 42% decrease in gross written premium. The company’s investments in technology and customer service have paid off, earning them an innovation award and a customer net promoter score of +79. Moreover, Helia declared dividends of 59 cents per share, resulting in a total shareholder return of 83%, the highest among their financial services peers.

For further insights into AU:HLI stock, check out TipRanks’ Stock Analysis page.

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