Australia's Prospa Group hits near 3-month high on upbeat HY22 results

Prospa

17/01/2022 02:21

** Shares of Prospa Group Ltd  PGL.AX  jump as much as 18.1%
to A$0.945, hitting their highest since Oct. 29 
    ** Small business lender posts HY22 EBITDA of A$9 mln ($6.48
mln) vs A$4.1 mln same period last year  urn:newsml:reuters.com:*:nFWN2TW007
    ** Says originations in quarterly rose 85.3% to A$186.6 mln
and in HY22 rose 75% to A$315.1 mln 
    ** Stock eyes its best trading session since Aug. 23 
    ** As of last close, stock has climbed 11.1% this year

($1 = 1.3891 Australian dollars)

 (Reporting by Navya Mittal)
 ((Navya.Mittal@thomsonreuters.com;))