Australia's Plenti Group jumps on higher Q3 results

Plenti

30/04/2025 04:33

** Shares of Plenti Group PLT.AX rose as much as 7.3% to A$0.880, their highest level since April 3; last up 3.7%

** Stock set for its strongest session since April 15

** Consumer lending and investment co posts a 16% increase in Q3 revenue compared to last year

** Co also posts record quarterly loan originations of A$407 million ($260.4 million), up 42% from last year

** Stock on track for third consecutive session of gains

** About 150,236 shares change hands, 3x the 30-day average of 49,646 shares

** Stock up 25% YTD, including current session's moves

($1 = 1.5627 Australian dollars)

(Reporting by Manasi Dasa in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com;))