Australia's Resimac Group falls on HY profit slump

Resimac

27/02/2024 03:52

** Shares of Resimac Group  RMC.AX  fall as much as 4.4% to
A$0.985, their lowest level since Dec. 22
    ** Non-bank home loan lender says HY statutory profit from
ordinary activities after tax down 48% from previous year; HY
revenue from ordinary activities up 19% 
    ** About 328,385 shares change hands, 1.9 times the 30-day
average volume 
    ** Stock down 1.4% this year, as of last close

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))