Lender’s consumer finance division reports record £80m pre-tax profits

Leeds-based lender Hitachi Capital (UK) has recorded a tenth consecutive year of growth. The Hitachi Capital Consumer Finance team, operating from Leeds with 579 employees, achieved a record £79.7m pre-tax profit, accounting for 64.7% of overall group profits for the wider Hitachi Capital (UK) group. The pre-tax profits for the whole group stood at £123.1m for FY18/19 - up 5.8% on the previous year. Over the past decade, the company has achieved a compounded annual growth rate of 22%, demonstrating the continued success of it... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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