Quotable Value profit up

Crown-owned property information company Quotable Value yesterday reported a jump in net profit from $689,000 last year to $2.43 million this year.

Chairman Richard Westlake said the improvement followed a 12 per cent increase in turnover to $29.3 million.

Quotable Value will pay the Government a one-off dividend of $1 million on top of the normal dividend of $1.2 million.