BUZZ-Australia's L1 Group hits more than 2-year high on HY earnings surge

Reuters
Feb 25
BUZZ-Australia's <a href="https://laohu8.com/S/L1G.AU">L1 Group</a> hits more than 2-year high on HY earnings surge

** L1G Group L1G.AX jumps as much as 9.2% to A$1.3, highest since early July 2023

** Stock posts biggest intraday pct gain since October 30, 2025

** Fund manager reports HY statutory profit after income tax expense attributable of A$52 mln ($36.9 mln), up from year-ago A$16.5 mln

** Posts HY total revenue and other income of A$490.8 mln vs A$46.5 mln in pcp

** Declares interim dividend of 1 AU cents/share

** Nearly 3.2 million shares traded, 1.2x the 30-day average

** YTD, L1G rises 13.6%

($1 = A$1.4106)

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com;))

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10