Kingswood Holdings Limited (GB:KWG) has released an update.
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Kingswood Holdings Limited reports a robust first half of 2024, with Assets under Advice and Management climbing to £12.9 billion, marking an 8.2% year-on-year increase. Group revenue saw a significant rise, jumping 14% to £40.6 million, while Group Operating Profit also surged by 21% to £6.1 million, despite a statutory loss before tax. These financial gains reflect successful acquisitions, such as BasePlan, and strategic growth in both the UK and US markets.
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