Resimac Group Limited (AU:RMC) has released an update.
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Resimac Group Limited has shown resilience in a challenging economic environment, with its Asset Finance business achieving significant growth in assets under management (AUM) to $1.1 billion, despite a tough start in the mortgage sector. The company anticipates an improved AUM balance in FY25 following a stronger second half of the year. This demonstrates Resimac’s strategic focus and adaptability in the face of intense market competition.
For further insights into AU:RMC stock, check out TipRanks’ Stock Analysis page.
