Australia's Plenti Group hits two-month high as annual profit surges

Plenti

22/04/2026 04:27

** Shares of Australia's Plenti Group PLT.AX rise as much as 9.3% to A$1.00, their highest since February 16

** Fintech firm posts a 97% surge in annual net profit after tax to A$27.3 million ($19.53 million)

** Unaudited operating cost-to-net margin for FY26 was 56.7%, below the target threshold of 57% - PLT

** PLT down 13% YTD

($1 = 1.3976 Australian dollars)

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))