Australia's Fleetpartners falls as HY net profit drops

FleetPartners

13/05/2024 04:02

** Shares of Fleetpartners Group  FPR.AX  fall as much as
5.7% to A$3.450, on track for its worst day since April 26 if
current trends hold 
    ** Vehicle leasing firm reports a lower half-yearly net
profit attributable of A$36.5 mln ($24.06 mln), compared with
A$39.4 mln a year earlier
    ** Stock hits worst level since April 26
    ** 1.1 mln shares change hands, compared with the 30-day
average volume of 248,960 shares
    ** Stock has risen 20% this year, as of last close

($1 = 1.5170 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))