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GEN: Record revenue and profit growth, strong asset expansion, and improved credit quality

GEN: Record revenue and profit growth, strong asset expansion, and improved credit quality

General Capital Ltd.June 25, 20243
GEN: Record revenue and profit growth, strong asset expansion, and improved credit quality

About this update from General Capital Ltd.

Record revenue and profit growth were achieved, with assets and deposits up over 20% year-over-year. Credit quality improved, but net interest margin declined due to higher rates. The group expects continued growth, supported by regulatory changes and a strong capital base.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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