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BUZZ-Australia's Latitude Group gains on FY profit and dividend

ReutersFeb 21, 2025 2:19 AM

Shares of Latitude Group LFS.AX up 3.5% at A$1.19

Stock rises as much as 8.7% earlier in the day, hitting its highest level since June 13, 2023

Stock posts its biggest intraday gain since January 30, 2023

Lending business says it achieved FY24 statutory NPAT from continuing operations of A$30.6 million ($19.56 million), compared to a loss of A$102.7 million in FY23

Co declares a final dividend of 3 Australian cents per share; dividend was paused in FY23

LFS up 3.5% YTD

($1 = 1.5642 Australian dollars)

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