Australia's Plenti Group hits over 1-1/2-month high after 3Q results

Plenti

17/01/2023 02:52

** Shares of Plenti Group Ltd  PLT.AX   rise as much as 6%
to A$0.53, their highest level since Nov 30, 2022
    ** Fintech co's loan portfolio jumps 51% to A$1.67 bln
($1.16 bln) in 3Q23 from a year ago urn:newsml:reuters.com:*:nGLFbfDYWQ 
    ** Co records revenue of A$37.4 mln in 3Q23 and has positive
cash net profit after tax in the quarter 
    ** Says remains on track to meet 2H objectives 
    ** Co sees biggest intraday jump since Jan 6
    ** Shares are up 7.5% YTD as of last close 
    ($1 = 1.4364 Australian dollars)
 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))