ASX-listed Virgin Money logs worst week in seven as HY profit falls

Virgin Money UK

05/05/2023 06:57

** ASX-listed shares of Virgin Money UK PLC  VUK.AX  fall as
much as 6% this week, their biggest weekly drop since March 17 
    ** Virgin Money on Thursday reported a fall in half-year
profit on higher investment costs and increased provisions for
potential bad loans, sending its shares down as much as 11%.  
    ** ASX-listed VUK hit its lowest level since mid-April
    ** VUK has fallen 11.3% this year, as of last close

 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))