Future Generation Australia gains on upbeat HY earnings

Future Generation Australia

30/08/2024 06:47

** Shares of Future Generation Australia  FGX.AX  rise as
much as 1.2% to A$1.245, their highest level since July 29
    ** Investment firm posts HY net profit from ordinary
activities after tax of A$23.3 mln ($15.85 mln), up 12% YoY
    ** Co posts HY revenue from operating activities of A$32.8
mln, up 17.1% from a year before
    ** Also declares interim dividend of 3.5 AU cents/share
    ** Stock has risen 11.3% this year, as of last close

($1 = 1.4702 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))