Australia's Humm Group climbs to six-month high on upbeat FY earnings

Humm

21/08/2024 03:32

** Shares of Humm Group  HUM.AX  rise as much as 27.9% to
A$0.665, their highest levels since Feb 19, 2024
    ** Shares on track for their best day since March 31, 2020,
if gains hold
    ** The diversified non-bank financial services co posts FY
net profit attributable of A$7.1 mln ($4.79 mln), compared with
A$2.9 mln a year earlier
    ** Adds FY revenue from ordinary activities of A$619.3 mln,
compared with A$510.4 mln a year earlier
    ** About 4.1 mln shares change hands, 17.7 times the 30-day
average volume of shares
    ** Stock has risen 5.1% this year, as of last close
    
    ($1 = 1.4830 Australian dollars)

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