Perth-based stockbroking firm Euroz Ltd has expanded its funds management operation by lodging a prospectus for an $80 million capital raising for a new listed investment company, OzGrowth Ltd.
Perth-based stockbroker Euroz Ltd has revealed its half year result, with a 27 per cent jump in net profit reflecting the great environment for those servicing the markets.
Perth-based stockbrokers Euroz Ltd have posted an unaudited net profit after tax of $11.4 million for the period 1 July 2005 to 7 April 2006, representing a 24 per cent increase on 2005's audited annual NPAT of $9.2 million.
Listed stockbroking firm Euroz has reported a significant increase in profit for the year to June 2004, helped by buoyant trading activity and increased capital raisings.
STOCKBROKER Euroz Securities is moving to new premises to accommodate recent and planned growth in the business.
A major recent initiative was the establishment of a dedicated corporate finance department, headed by new recruits Karl Paganin and Doug