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Pengana Capital Group Reports Strong Half-Year Financial Performance

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Pengana Capital Group Reports Strong Half-Year Financial Performance

Pengana Capital Group Ltd. ( (AU:PCG) ) has issued an announcement.

Pengana Capital Group Limited reported a significant increase in revenue and profit for the half-year ending December 2024, with revenue from ordinary activities rising by 92% and profit after tax increasing by 501% compared to the previous period. The company declared an interim dividend of 2.0 cents per share, reflecting its strong financial performance and commitment to returning value to shareholders. The net tangible assets per ordinary security also saw an improvement, although impacted by the accounting treatment of the company’s loan share plan. The group’s investment in Pengana International Equities Limited has been reclassified, indicating strategic adjustments in its investment portfolio.

More about Pengana Capital Group Ltd.

Pengana Capital Group Limited operates in the financial services industry, focusing on investment management. The company offers a range of investment products, including private equity and credit funds, targeting both institutional and retail investors.

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €37.04M

Find detailed analytics on PCG stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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