General Capital Announces Profit Upgrade

General Capital Limited
Level 8, General Capital House,
115 Queen Street, Auckland CBD
PO Box 1314, Shortland Street,
Auckland, New Zealand. 1140.
Phone +64 9 304 0145

General Capital Announces Profit Upgrade
Mr. Rewi Bugo, the Chairman of General Capital said today, “although it is hard to make accurate
projections in these volatile markets, General Capital is pleased to announce that it is now forecasting
net profit after tax (NPAT) for the financial year ending 31 March 2022 to be in the range of $900,000
to $1,100,000.

This is a solid increase on the previous NPAT guidance of $650,000 to $850,000, which was reaffirmed
in November 2021, and it reflects the investment we have made in building the assets of the Group.

Mr. Brent King, Managing Director said, “It has been a very positive year for us, and the outlook is very
positive, but we all understand the volatility that there is in the world markets currently. We will stick
to our game plan and continue to focus on growth and profits.

We will update the market as matters develop.”


For further information contact:

Brent King
Managing Director
General Capital Limited
+64 21 632 660
Brent.King@gencap.co.nz

28 January 2022