Australia's Plenti Group eyes best day in 7-1/2 months on higher HY earnings

Plenti

22/10/2024 01:33

** Shares of Plenti Group  PLT.AX  rise as much as 17.7% to
A$0.765, their best day since March 6 - if current gains hold
    ** Stock hits its highest level since Oct. 1 
    ** Lending and investment firm posts 1H25 cash NPAT of A$5.5
mln ($3.66 mln), an increase of 260% on pcp - reflecting ongoing
growth in Plenti's loan portfolio, among others
    ** Says quarterly revenue of A$63.4 million, 25% above pcp
    ** About 105,977 shares change hands vs 4.2X the 30-day avg


($1 = 1.5035 Australian dollars)

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))