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Pinnacle Investment Management Reports Strong Financial Growth for H1 2024
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Pinnacle Investment Management Reports Strong Financial Growth for H1 2024

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Pinnacle Investment Management Group Limited ( (AU:PNI) ) has provided an update.

Pinnacle Investment Management Group Limited reported a significant financial performance for the half year ending 31 December 2024, with revenues increasing by 16.7% and net profits soaring by 150.5% compared to the previous year. The company’s earnings per share also saw a notable rise of 139.6%, demonstrating strong growth and profitability. Additionally, the interim dividend for the 2025 financial year is set at 33 cents per share, highlighting the company’s commitment to returning value to shareholders.

More about Pinnacle Investment Management Group Limited

Pinnacle Investment Management Group Limited operates in the financial services industry, focusing on investment management. It is involved in managing a diverse portfolio including various subsidiaries and joint ventures, providing investment solutions across different asset classes.

YTD Price Performance: 11.99%

Average Trading Volume: 552,932

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$5.49B

For a thorough assessment of PNI stock, go to TipRanks’ Stock Analysis page.

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