Australian Mercantile Collections

Credit Corp’s earnings slump amid ongoing challenges in US

Credit Corp’s earnings slump amid ongoing challenges in US

Debt collection group Credit Corp (ASX: CCP) has suffered an https://www.businessnewsaustralia.com/1https://www.businessnewsaustralia.com/1 per cent fall in underlying profit despite improved revenue amid ongoing challenges in the US and subdued debt-buying activities in Australia and New Zealand.

Credit Corp posted an underlying profit of $8https://www.businessnewsaustralia.com/1.2 million in FY24, down from $9https://www.businessnewsaustralia.com/1.3 million a year earlier while revenue…

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