Australia's COG Financial hits near 1-mth high on upbeat FY results

COG Financial Services

28/08/2024 04:48

** Shares of COG Financial Services  COG.AX  jump as much as
6.8% to A$1.185, hitting their highest level since Aug 1 
    ** The finance broker aggregator posts a 34.6% jump in FY
net profit from continuing operations to A$24.2 mln ($16.46 mln)
    ** Reports FY revenue from continuing operations of A$499
mln vs A$366 mln a year ago 
    ** Declares final dividend of 4.4 AU cents a share 
    ** Stock down 22.1% YTD, as of last close 

($1 = 1.4706 Australian dollars)

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))