Eppley Q4 Dec 2020 Profits Up 17%

February 15, 2021

▪️Profits⬆️16.8% due to growth seen from stable recurring asset mgmt fees and dividends
▪️Profit⬆️despite interest income?
▪️Over J$680m in cash, +24%
▪️Significant amount of borrowings on balance sheet (J$3 billion @ 7% avg cost). 71% of Assets, 2.9x of capital

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