BUZZ-Australia's MA Financial touches near three-year high on upbeat FY results

Reuters
02-20
BUZZ-Australia's MA Financial touches near three-year high on upbeat FY results

** Shares of MA Financial MAF.AX rise 7.3% to A$8.050, their highest level since April 2022

** Diversified financial services co announces FY statutory net profit after tax of A$41.8 million ($26.55 million), up 46.7% from a year earlier

** Co declares final dividend of 14 Australian cents per share, same as the previous year

** 221,727 shares change hands, 1.1 times the 30-day average of 199,983

** Stock up 31.5% YTD, including current session's moves

($1 = 1.5746 Australian dollars)

(Reporting by Manasi Dasa in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com;))

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