** Shares of Peet Ltd PPC.AX rise 2.7% to A$1.540, their highest point since January 20
** The real estate developer posts HY statutory profit of A$25.2 million ($16 million), up 63% from last year
** Co declares interim dividend of 2.75 Australian cents per share versus 1.50 Australian cents last year
** Says it is targeting FY25 NPAT of A$50 million to A$55 million
** About 417,049 shares change hands, 5.3x times the 30-day average of 78,846 shares
** Stock up 5.8% YTD, including moves in day's session
($1 = 1.5751 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.shaikh@thomsonreuters.com))
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