NZ's General Capital jumps most in more than 2 months on upbeat FY results

General Capital

29/05/2023 24:20

** Shares of New Zealand-based General Capital Ltd  GEN.NZ 
jump as much as 4.7% to NZ$0.067, posting their biggest intraday
pct gain since March 20
    ** Co posts 68% jump in FY net profit after tax to NZ$2.3
mln ($1.46 mln)
    ** Says FY revenue up 71% to NZ$13.7 mln 
    ** Shares hit their highest level since May 15
    ** GEN stock up 1.6% YTD, as of last close 

($1 = 1.5763 New Zealand dollars)

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