Australia-based Wam Active hits over 10-month high on strong HY results

WAM Active

26/02/2024 02:21

** Shares of Wam Active  WAA.AX  rise as much as 1.3% to
A$0.77, highest since April 11, 2023
    ** Australia-based investment co posts HY net profit from
ordinary activities after income tax expense of A$4.0 mln ($2.62
mln), up 46.7% y/y
    ** Co says HY revenue from ordinary activities A$6.3 mln, up
39.4%
    ** Stock had risen 4.8% this year, as of last close


($1 = 1.5263 Australian dollars)

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