Rifco makes Globe’s top 1000 ranking

Red Deer-based Rifco Inc. (TSXV: RFC) has earned some ink in The Globe and Mail’s Report on Business Magazine. Rifco, which provides consumer financing for new and used vehicles, was ranked No. 493 in the magazine’s “Top 1000: Exclusive rankings of Canada’s most profitable companies,” published June 27.

Red Deer-based Rifco Inc. (TSXV: RFC) has earned some ink in The Globe and Mail’s Report on Business Magazine.

Rifco, which provides consumer financing for new and used vehicles, was ranked No. 493 in the magazine’s “Top 1000: Exclusive rankings of Canada’s most profitable companies,” published June 27.

The rankings included the 1,000 largest publicly traded Canadian corporations, with these listed in order of their after-tax profits in the most recent fiscal year.

Rifco earned $2.5 million, as of its March 31, 2012 year end.

The company ranked 16th when it came to largest return on equity, with a 61.2 per cent figure.

And Rifco was listed among the “Rookies of the Year” that cracked the Top 1000 list for the first time.