GE Capital is looking to the middle market in Australia, and especially the resources sector, for growth, with the financier no longer being constrained by the need to release capital from its parent.
Yesterday, the firm provided an overview for the business media of its trading highlights for the prior calendar year. The data represents an aggregate of the results for numerous statutory entities and is not audited.
GE said that its net income for the year to December 2011 increased by six per cent to A$467 million. On an underlying basis, net income increased by 20 per...
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