Australian investment bank Macquarie closed its first fiscal half-year ended in September with a net profit of 2.305 billion Australian dollars (1.483 billion euros), a 12.8 percent improvement on the profits of the same period last year, the bank said Friday.
Revenues between April and September were 8,641 million (5,559.7 million euros), a 10.7 percent increase. Income from interest and trading operations was 4,210 million (2,708.8 million euros), up 38.9 percent, while income from commissions and fees was 3,032 million (1,950.8 million euros), down 12.2 percent.
The financial entity indicated that it received income of 1,549 million dollars (996.6 million euros) from investments, which represents an increase of 55.6 percent compared to the same period of the previous year.
Personnel expenses were 3,613 million (2,324.6 million euros), up 14.2 percent, while commissions, fees and brokerage expenses were 517 million (332.6 million euros), up 3.8 percent. Other operating expenses rose by 5.4 percent to AED 1,483 million (EUR 954.2 million).
