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Proven Investments records double digit increase in profit

Proven Investments recorded a double digit increase in profit during its financial year ended March 31.
 
Net profit amounted to US$6.97 million which was a 22.6 per cent increase from the US$5.68 million earned in the same period last year. 
 
Proven Investments says net revenue for the year experienced a 4.3 per cent increase to US$37.7 million.
 
That was mainly due to an improvement in Fees and Commission, Pension Management Income and Net Foreign Exchange Gains.  


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