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Newcastle Herald
Newcastle Herald
Business
Ian Kirkwood

Hunter health fund NIB reports big lift in revenue and profits at its half-year results

NIB Mark Fitzgibbon NDIS
Newcastle-based health fund NIB has reported a significant increase in earnings and profit. Picture by Natalie Grono

NEWCASTLE health fund NIB has reported a significant increase in earnings and profits, with revenue of $1.5 billion up by 9.3 per cent and underlying profit of $125.1 million up by 13.3 per cent for the first half of the 2022-23 financial year.

"We're very pleased with the result on a number of fronts," NIB CEO Mark Fitzgibbon said on Monday.

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