ISP Finance Reports Improved Bottom Line Amidst Strong Revenue Growth

• ISP Finance recorded a 53.7% upswing in net profit to 40.55Mn (EPS: $0.39) for the nine-month period ended September 30, 2019.
• The upward move in the bottom line was a direct result of a 28.8% (or $56.64Mn) growth in interest income as well as a $15.07Mn expansion in other income.
• The stock has risen 64.5% YTD and closed yesterday’s trading session at $32.90 per share. At this price, the stock trades at a P/E of 59.3x which is above the Junior Market Financial sector average of 32.1x. 

 (Source: ISP Financials)