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Perpetual expects NPAT of $40-50m for 1H10

Perpetual expects NPAT of $40-50m for 1H10

Financial services provider Perpetual (ASX:PPT) today affirmed its 1H10 guidance, predicting a net profit of $40-50 million.

The company posted a 1H09 net profit of just $14.2 million, but an underlying profit of $41.6 million.

Meanwhile, Perpetual yesterday appointed two new acting joint heads of its Private Wealth division.

Existing Perpetual employees Paul Ryan and Shailendra Singh will assume the temporary position until a replacement can be made for former head of Private Wealth John Nesbitt.

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Tags GuidancePerpetual Limitedfinancial results

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