Australia-listed GQG Partners hits near-3 month high on annual profit beat

GQG Partners

13/02/2025 23:34

** ASX-listed shares of GQG Partners  GQPIL.PK   GQG.AX 
rise as much as 5.5% to A$2.5, their highest level since Nov.
21, 2024
    ** Asset manager reports full-year net profit attributable
of $431.6 mln, up 52.8% y-o-y, and beating a consensus estimate
of $421 million, according to analysts at Jarden
    ** Co posts a 47% rise in FY revenue, and hikes dividend by
50% 
    ** Stock up 19.1% this year, including the day's move

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))