Australia's Butn hits over 2-week high on Q4 revenue surge
17/07/2023 02:58
** Shares of Butn Ltd BTN.AX rise up as much as 2.7% to
A$0.19, hitting their highest since June 30
** The business-to-business (B2B) funder posts 91% growth in
Q4 revenue
** Quarter originations totalled A$117.4 mln, up 38% on pcp
** Stock set for biggest pct gain since June 30, if gains
hold
** As of last close, stock up 32.1% this year
($1 = 1.4658 Australian dollars)
(Reporting by Poonam Behura in Bengaluru)
((Poonam.Behura@thomsonreuters.com))