Brief: Heartland Group Holdings Ltd Announces Update To Forecast NPAT For Fy2023

Heartland group

13/10/2022 24:08

Oct 13 (Reuters) - Heartland Group Holdings Ltd
 HGH.NZ :
    * UPDATE TO FORECAST NPAT FOR FY2023
    * EXPECTS NET PROFIT AFTER TAX  FOR FY2023 TO BE WITHIN
GUIDANCE
RANGE OF NZ$109 MILLION TO NZ$114 MILLION
    * TOOK A ONE-OFF GAIN IN RELATION TO DERIVATIVES THAT WERE
DE-DESIGNATED FROM HEDGE ACCOUNTING RELATIONSHIPS DURING FY22
    * DE-DESIGNATION WILL GIVE RISE TO NON-CASH EXPENSE WHICH
WILL
REDUCE FY23 STATUTORY REPORTED NPAT BY NZ$6.6 MILLION

Source text for Eikon:  ID:nASX9QHcyz 
Further company coverage:  HGH.NZ 
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