Australia's HUB24 hits record high on strong HY results

Hub24

20/02/2024 02:50

** Shares of HUB24  HUB.AX  rise as much as 7.9% to a record
high of A$40.510 
    ** HUB24, which runs a platform that offers advisers a range
of investment options, posts HY net profit after tax
attributable of A$21.5 mln ($14.02 mln), up 39% from previous
year
    ** Co says HY revenue from ordinary activities rose 14% to
A$156.7 mln 
    ** About 203,905 shares change hands, 1.1 times the 30-day
average volume of shares
    ** Stock has risen 4.3% this year, as of last close 

   ($1 = 1.5333 Australian dollars)

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