BUZZ-Australia's Clearview Wealth hits over 9-month high as co swings to annual profit

Reuters
08/28
BUZZ-Australia's <a href="https://laohu8.com/S/CVWLF">Clearview Wealth</a> hits over 9-month high as co swings to annual profit

** Shares of Clearview Wealth CVW.AX rise as much as 12.8% to A$0.530, their highest level since early-November 2024

** Stocks marks its biggest intra-day pct gain since February 27

** The financial services co posts full-year net profit attributable of A$8.2 million ($5.33 million), versus a loss of A$12.4 mln reported last year

** Says FY revenue from ordinary activities jumps 10% y/y to A$368 mln

** About 2.4 million shares traded, 11.2x the 30-day average

** YTD, stock up 29.49%, including current session's move

($1 = 1.5389 Australian dollars)

(Reporting by Ananya Verma in Bengaluru)

((ananya.verma@thomsonreuters.com;))

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