Australia's Plenti Group hits 2-week high on strong half-year results

Plenti

18/11/2025 24:01

** Shares of Plenti Group PLT.AX rise as much as 14.7% to A$1.44, their highest level since October 31

** Fintech lender and investment co heading for best day since late January 2025, if current gains hold

** Co's HY cash NPAT more than doubles to A$12.8 million ($8.31 million); revenue rises 20%

** Says on track to achieve its objective of A$3 billion loan portfolio by March 2026

** Stock has more than doubled in value so far this year

($1 = 1.5401 Australian dollars)

 (Reporting by John Biju in Bengaluru)

 ((John.Biju@thomsonreuters.com;))