nib holdings Says Non-Recurring One-Off Items to Impact Statutory Operating Profit

MT Newswires Live12-19 09:31

nib holdings (ASX:NHF) said it expects certain non-recurring one-off items in the fiscal first half of around AU$17 million, which will impact its statutory operating profit, but not its underlying operating profit, according to a Friday Australian bourse filing.

The expenses partly relate to a net cash expense of around AU$8 million in the period relating to historical adjustments for the private health insurance, Australian government rebate, and New South Wales hospital insurance levy. They also include restructuring costs associated with the group-wide productivity program, as well as strategic initiatives such as the strategic review of nib Travel.

A non-cash expense of around AU$4.5 million is expected to be incurred in the half-year for the reduction in the value of redundant software relating to acquisitions in nib Thrive.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2592337136?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-19 09:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2592337136","market":"sg","top_or_hot":-1,"title":"nib holdings Says Non-Recurring One-Off Items to Impact Statutory Operating Profit","media":"MT Newswires Live","content":"<html><body><p> nib holdings (ASX:NHF) said it expects certain non-recurring one-off items in the fiscal first half of around AU$17 million, which will impact its statutory operating profit, but not its underlying operating profit, according to a Friday Australian bourse filing.</p><p>The expenses partly relate to a net cash expense of around AU$8 million in the period relating to historical adjustments for the private health insurance, Australian government rebate, and New South Wales hospital insurance levy. They also include restructuring costs associated with the group-wide productivity program, as well as strategic initiatives such as the strategic review of nib Travel.</p><p>A non-cash expense of around AU$4.5 million is expected to be incurred in the half-year for the reduction in the value of redundant software relating to acquisitions in nib Thrive.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>nib holdings Says Non-Recurring One-Off Items to Impact Statutory Operating Profit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nnib holdings Says Non-Recurring One-Off Items to Impact Statutory Operating Profit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-12-19 09:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> nib holdings (ASX:NHF) said it expects certain non-recurring one-off items in the fiscal first half of around AU$17 million, which will impact its statutory operating profit, but not its underlying operating profit, according to a Friday Australian bourse filing.</p><p>The expenses partly relate to a net cash expense of around AU$8 million in the period relating to historical adjustments for the private health insurance, Australian government rebate, and New South Wales hospital insurance levy. They also include restructuring costs associated with the group-wide productivity program, as well as strategic initiatives such as the strategic review of nib Travel.</p><p>A non-cash expense of around AU$4.5 million is expected to be incurred in the half-year for the reduction in the value of redundant software relating to acquisitions in nib Thrive.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NHF.AU","symbol_name":"NIB HOLDINGS LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2592337136","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2592337136","pubTimestamp":1766107902,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"nib holdings  said it expects certain non-recurring one-off items in the fiscal first half of around AU$17 million, which will impact its statutory operating profit, but not its underlying operating profit, according to a Friday Australian bourse filing.The expenses partly relate to a net cash expense of around AU$8 million in the period relating to historical adjustments for the private health insurance, Australian government rebate, and New South Wales hospital insurance levy. They also include restructuring costs associated with the group-wide productivity program, as well as strategic initiatives such as the strategic review of nib Travel.A non-cash expense of around AU$4.5 million is expected to be incurred in the half-year for the reduction in the value of redundant software relating to acquisitions in nib Thrive.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NHF.AU":"NIB HOLDINGS LTD","BK7089":"人寿与健康保险"},"translate_title":"nib holdings表示非经常性一次性项目将影响法定营业利润","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NHF.AU":1},"content_text":"nib holdings (ASX:NHF) said it expects certain non-recurring one-off items in the fiscal first half of around AU$17 million, which will impact its statutory operating profit, but not its underlying operating profit, according to a Friday Australian bourse filing.The expenses partly relate to a net cash expense of around AU$8 million in the period relating to historical adjustments for the private health insurance, Australian government rebate, and New South Wales hospital insurance levy. They also include restructuring costs associated with the group-wide productivity program, as well as strategic initiatives such as the strategic review of nib Travel.A non-cash expense of around AU$4.5 million is expected to be incurred in the half-year for the reduction in the value of redundant software relating to acquisitions in nib Thrive.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2592337136","isCrawlerRequest":true}