Asta Funding, the financial services company which specialises in factoring and the purchase, liquidation and management of performing and non-performing consumer receivables, today reported results for its second quarter ended 31 March 2001.
Net income for the three months ended 31 March 2001 rose by 62% to $2,211,000 from Ј1,363,000 in the three month period ended 31 March 2000. Revenues for the six months ended 31 March 2001 were $10,250,000, an increase of 21% over revenues of $8,457,000 for the prior year period.
Source: PR Newswire