Pinnacle Investment Management Group Limited (AU:PNI) has released an update.
Pinnacle Investment Management Group Limited reported a robust financial performance for the fiscal year ended June 30, 2024, with an 18.1% increase in profits after tax to shareholders and a 7.6% rise in revenues. Earnings per share also saw a significant uptick of 16.5%, reflecting the company’s strong operational results. Shareholders can anticipate a final dividend of 26.4 cents per security, with a marked increase in net tangible asset backing per ordinary security from $2.09 to $2.24.
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