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Australia's Perpetual sees 2009 earnings falling

Mon May 25, 2009 7:50pm EDT

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SYDNEY, May 26 (Reuters) - Australian fund manager Perpetual Ltd (PPT.AX) sees 2009 operating profit falling by about half due to sharp declines in financial markets, it said on Tuesday.

In a letter to shareholders, Chairman Robert Savage said operating profit after tax would be between A$60 million ($47 million) and A$70 million, compared to the previous year's A$133.5 million. For a full statement, click here urn:newsml:reuters.com:20090526:ASX_2A551796 (Reporting by Jonathan Standing)



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