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Fisher & Paykel Finance's half-year profit rises 30% as debentures fall and dividends surge

Business
Fisher & Paykel Finance's half-year profit rises 30% as debentures fall and dividends surge

By Gareth Vaughan

Consumer lender Fisher & Paykel Finance has posted a 30% rise in interim profit and hiked dividends by 354%. At the same time its retail deposit funding has fallen 9% with its reinvestment rate also dropping.

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