Smartgroup Corporation Limited (ASX:SIQ) announced that Health Administration Corporation of New South Wales has renewed its arrangement to buying salary packaging and novated leasing services from Smartgroup. The tenure of agreement including extension will run until 2028.
Other than the update on contract renewal, the Company also provided update related to its earnings expectations for CY2022. Smartgroup expects to report CY2022 NPATA in between AU$60 million - AU$61 million.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.