March 27, 2018 / 11:14 PM / a month ago

BRIEF-Sequoia Financial Group Sees FY18 Profit After Tax Between $1.7 Mln And $2.5 Mln

March 28 (Reuters) - Sequoia Financial Group Ltd:

* PROFIT AFTER TAX FOR FY2018 EXPECTED TO BE BETWEEN $1.7 MILLION AND $2.5 MILLION

* FORMALISED DIVIDEND POLICY WHEREIN CO WILL ENDEAVOR TO MAINTAIN AN ANNUAL DIVIDEND PAYMENT RATIO BETWEEN 20% TO 50% OF NPAT

* EXPECTED INCREASE IN REVENUE FOR YEAR ENDING 30 JUNE 2018 FROM $44.364 MILLION IN 2017 TO A RANGE OF BETWEEN $60 MILLION - $65 MILLION Source text for Eikon: Further company coverage:

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